Friday, July 24, 2015

Make it a Double!

Investor Gremlin here.  Just a quick little update about one of my stocks, which I do not mention much.  That is partially because it is my only non-dividend position and also because it is a small position.  Nonetheless around 5 years ago I decided to purchase shares in Willamette Valley Vineyards (WVVI).  In that time the shares have more than doubled in value.  Today I am writing just to express how cool it is to pick a winning security and watch it double in value.  That being said on a long enough time line, I expect every position I have to pull its weight.  Just its cool that WVVI was the first one to that race.



Going forward none of my other positions will include non-dividend payers, but something about this tiny position just made me want to hold onto it.  Partly my love of their substance itself and partly because I would love to run and own one day.

- Gremlin
- Long WVVI (I'd take a bottle of wine each year in lieu of a dividend).

4 comments:

  1. Doubling your investment is always a good thing. Here's to 3 bagger!

    ReplyDelete
    Replies
    1. Tawcan,

      I agree, I here's to it!

      - Gremlin

      Delete
  2. Always nice seeing a double no matter if it pays a dividend or not.

    ReplyDelete