Seeking Alpha
  • J Mintzmyer
    Added some $TGT stock at $64.42.
    9/10/13
    Reply (12)
    • jmok322: Long term hold for you? Obviously underperforming relative to market this yr. what do u see as the catalysts going forward?
      9/10/13
    • J Mintzmyer: In my charitable account (acct. investment perspective of hold forever and donate the divs). Added $TGT few months ago- 66% increase today.
      9/10/13
    • J Mintzmyer: I only buy companies that I can see holding forever- example $MSFT yes, $AAPL no, even though $AAPL might be more 'attractive.'
      9/10/13
    • J Mintzmyer: $AAPL doesn't have 1/4 the moat or guaranteed cash flow that $MSFT commands.
      9/10/13
    • J Mintzmyer: $AAPL is a top 5 position for me, it'd just never make it into my charitable fund. Hope that explains things.
      9/10/13
    • jmok322: Thanks!
      9/10/13
    • jmok322: can you please explain the "66% increase today" statement. did you mean for your account in general?
      9/10/13
    • jmok322: I hold AAPL as well but agree with you that it might be more of a short term hold..
      9/10/13
    • J Mintzmyer: I boosted my shares in TGT by 66%, so not quite a doubling. Ex: 90->150. $AAPL is great now, but consumers are fickle.
      9/10/13
    • J Mintzmyer: Overall charity account has 5 holdings: $MSFT, $CSCO, $TGT, $MCD, $DIS- I plan to add some $XOM soon. C-acct is maybe 10% of portfolio.
      9/10/13
    • jmok322: Thanks for clarifying the 66%. TGT is a company I have been watching so looking to start a position at these levels
      9/10/13
    • J Mintzmyer: I fund it with 10% of all investment profits (incl. IRA) + 10% of all SA money + special allocation (ex. $10/m to undergrad inst.).
      9/10/13