I Bought Yahoo

Posted on January 6, 2006 01:08 PM by Joel Comm

No, I didn't buy the entire company. But I did purchase some Yahoo stock last year. It appears to have been one of my better stock decisions.

Frankly, I wish I had bought more. I got in with a measly 50 shares at $18.73. Today the stock is trading at $43.25, giving me a 131% increase.

Most people would tell me to sell with that kind of increase, but I can't see the price going anywhere but up from here. Besides, with Google at $465 today, Yahoo looks pretty darned attractive!

And so I will hold. Only time will tell if it is a wise choice.

See Also

Getting to #1 on Yahoo - Mar 07, 2007
At a Loss for Words - Jan 04, 2008

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INFORMATION

Joel Comm is an Internet entrepreneur who has been online for over 20 years. In 1995, Joel launched WorldVillage.com, a family-friendly portal to the web which enjoys thousands of visitors each day. Joel is the co-creator of ClassicGames.com, which was acquired by Yahoo! in 1997, and now goes by the name Yahoo! Games. Since then, Joel's company, InfoMedia, Inc., has launched dozens of web sites which offer online shopping, free stuff, website reviews and more. Joel is the author of many popular books, including the NY Times Best-Seller, The AdSense Code. He regularly makes appearances at Internet marketing conferences and seminars.