Disney stock

[LoverDisney]

Just curious to know if anyone has invested in Disney stock? I am researching on the web and I read that it is worth it since they are the most popular destination despite the changes. Any feedback would be great.

 

[supersnoop]

Disney parks are a tiny part of the overall company. They own ABC and ESPN. They do pay a dividend. We bought a few years ago; I'm not sure if buy at today's prices.

 

[ellochka]

I would caution anyone against buying individual stocks unless one already has a substantial individual stock portfolio. While Disney is a great and stable company, you need at least 5 stocks in different sectors to have a well diversified portfolio. My recommendation is to buy a low cost index fund. You will own some Disney indirectly through it.

 

[crisi]

Its part of my diversified portfolio. Its dividends are fairly low for what I go for, but then I bought it at a significantly lower cost when dividends were more respectable. I haven't bought more - Disney is one of those cyclical companies that if you buy in in a market low, it always recovers well - but if you buy it at a high, it sits pretty flat.

I agree, unless you are buying half a dozen individual stocks at least - and have time to understand the financials for each of them - an index fund is a far better idea for investing. If you want to blow $100 or whatever Disney is to own a share and a piece of the mouse, its a better thing to buy that a snowglobe with the castle in it.

 

[ellochka]

I agree, unless you are buying half a dozen individual stocks at least - and have time to understand the financials for each of them - an index fund is a far better idea for investing. If you want to blow $100 or whatever Disney is to own a share and a piece of the mouse, its a better thing to buy that a snowglobe with the castle in it.

Agree, even after commission, it is

 

[tinkerone]

I purchased some shares for dh for our 20th anniversary. that was 21 years ago. the price today is 3 times what I paid. they also split once in that time period 3 to 1. not the best return but not the worst. dividends are respectable but not huge. you need to plan to keep them for a while unless you are looking at purchasing thousands of shares.

so if your buying for return, I have to agree with the others and say make sure you diversify. have more than just Disney shares.

 

[SC Minnie]

I bought shares for DH a couple of years ago for Christmas mainly for the certificate LOL. We have it framed and it's beautiful. He does get a dividend every year but to be honest I didn't buy it soley for the investment.

 

[crisi]

I purchased some shares for dh for our 20th anniversary. that was 21 years ago. the price today is 3 times what I paid. they also split once in that time period 3 to 1. not the best return but not the worst. dividends are respectable but not huge. you need to plan to keep them for a while unless you are looking at purchasing thousands of shares.

so if your buying for return, I have to agree with the others and say make sure you diversify. have more than just Disney shares.

I think I've bought and sold Disney three times - well, bought before you did, sold after you did, bought again and sold and now bought and still own. Each of those resulted in a gain - although my Disney holdings have never been more than really a token - so when I sell I make maybe a few hundred dollars - although this round I think I put a few thousand in. I'm actually thinking about selling mine - they doubled in price since I bought them - but one of the issues with Disney and stock is that its a far more emotional investment than buying and selling Verizon stock. If I NEED the cash right now (and I don't) the Disney will be among the first to go though - its dividends are great, and I rode it up. The stuff I want to hang onto has better upsides (i.e. higher dividends, less volatility, more potential for growth, or a ticket to the Berkshire Hathaway annual meeting).

 

[tinkerone]

I think I've bought and sold Disney three times - well, bought before you did, sold after you did, bought again and sold and now bought and still own. Each of those resulted in a gain - although my Disney holdings have never been more than really a token - so when I sell I make maybe a few hundred dollars - although this round I think I put a few thousand in. I'm actually thinking about selling mine - they doubled in price since I bought them - but one of the issues with Disney and stock is that its a far more emotional investment than buying and selling Verizon stock. If I NEED the cash right now (and I don't) the Disney will be among the first to go though - its dividends are great, and I rode it up. The stuff I want to hang onto has better upsides (i.e. higher dividends, less volatility, more potential for growth, or a ticket to the Berkshire Hathaway annual meeting).

isn't that the truth!! lol.
to be honest, we talked about selling them last year just because of estate issues however here in canada its very hard to sell a certificate. most places want you to deposit it into a stock account but getting it into that account is always an issue. gone are the days when you walked into a bank (which is how I purchased them) and the bank sent the certificate off for you.
while both dh and i have stock accounts, his is a registered account and he would have to open a non registered account just to redeem this one certificate. a pain no one wants to deal with. i have a non registered account but they will not put stock in another persons name into it.
i'm still looking at options to get rid of it but if i'm being honest, its not a priority and i'm a bit on the lazy side with this issue. to many other things to do.

 

[tvguy]

I bought my Disney stock in 1987. 27 years of stocksplits multiplied my 100 shares to 800 today. Used to get a $2 dividend check every quarter. Now it's over $60.

 

[msmama]

My personal opinion about individual stocks is that I'd only purchase them with money I could afford to lose and NOT as an actual investment.

That said, yes I have Disney stock. Also Starbucks.

 

[Disneefun]

I bought a good chunk at the bottom of the market in 08/09 and it's been a great ride upward. I wouldn't buy it today, though. I agree that it's one of those that if you can pick it up cheap in a recession, it's a great ride. But it's not worth paying inflated prices for. I'd put my money elsewhere.

Their line of business (movies, TV, parks, etc.) is too dependent on people having discretionary income to make it a significant part of a portfolio. There are other stocks/funds for companies/products that people have to buy no matter what (petroleum companies, Johnson and Johnson, P&G, etc.) Owning those makes more sense as they tend to do well even in bad economic times. When the economy tanks, Disney and the like are among the first to feel it.

It's a good stock for fun and, as stated, emotional reasons, but it's not something I'd bet my retirement on.

 

[crisi]

(petroleum companies, Johnson and Johnson, P&G, etc.)

My core individual stock portfolio is utilities, pharma, oil, and I have both J&J and P&G - almost all of them pay consistently good dividends and grow over time.

I have a few emotional stocks (Berkshire and Disney) - and the vast majority of it tied up in no load index funds, utility mutual funds, and bond funds.

 

[kkmcan]

Dh bought a few for the kids in their names about 5 years ago just for fun. We don't expect to make any money on them but they have gone up quite a bit and we wouldn't be buying now that's for sure. Its not part of our retirement or anything... just for fun.