bb
>if you can stand to lose the money if it comes to that i personally
>think
>that's a pretty good strategy. And get some bonds! the market never
>*stays*
>up :) but if you can hold your stock you usually will make money with
>it in
>the long run. Assuming its not an Enron :)
>
>Even if you shouldn't risk more than you can lose, you often have to
>risk
>to win. Stocks are the way to go if you are looking for profits.
>
>Dana
>
>Ben Braver writes:
>
>> Dana,
>>
>> [see other post re: diversified portfolio]
>> If this stock tanked, I'd be p.o.'d but not badly hurt.
>>
>> Am thinking right after the 1-yr long term cg date of selling enough
>to extract my original investment plus taxes, letting the rest ride
>for a while in search of "gravy".
>>
>> -Ben
>>
>>
>>
>> >Ben,
>> >
>> >The usual investment advice is to buy sound stocks and hold them.
>However,
>> >this assumes a diversified portfolio... it sounds like this is the
>only
>> >stock you own.
>> >
>> >SO the answer depends on:
>> >
>> >1) if the stock tanks, are you wiped out?
>> >2) are you retiring in five, ten, or fifteen or twenty years...
>> >3) do you believe that the company is fundamentally sound, with
>good
>> >management, products and policies, and that the market for that
>product is
>> >stable?
>> >
>> >if the answer to 3 is yes then you might want to consider holding
>some of
>> >the stock, as long as you are not planning to retire real soon.
>(The reason
>> >for the caveat being that if you plan to retire in five years, the
>business
>> >cycle might not have come back around by then)
>> >
>> >In either case thugh I would get my hands on some money, by selling
>some
>> >stock if necessary, and put it into something else. Municipal bonds
>are
>> >usually quite safe, I think they are tax free, and they will do
>well in
>> >times when stocks do not.
>> >
>> >Caution, I am not a financial planner, although I had a securities
>license
>> >in another lifetime and I think what I am telling you here is
>fairly sound.
>> >
>> >Dana
>> >
>> >PS - Oh and btw people seem to think the economy is picking up so
>the stock
>> >price probably is not at the beginning of a nose-dive, unless
>something is
>> >going on with that particular stock.
>> >
>> >Hope that helps and once again I suggest research before actually
>doing any
>> >of this. You will be the one to deal the the consequences o your
>decision
>> >so make sure you are comfortable with it.
>> >
>> >And congratulations btw, sounds like you work for a good company :)
>
>> >
>> >Deanna Schneider writes:
>> >
>> >> How much we talking about here, Ben? What are your goals, etc? My
>parents
>> >> did some stock options once and used a one-time capital gains
>> >> exception....not sure if that still exists....and then paid off
>the house, I
>> >> believe. That could be an option.
>> >>
>> >> Oh, to have your dilemna....
>> >>
>> >> -d
>> >>
>> >> ----- Original Message -----
>> >> From: <[EMAIL PROTECTED]>
>> >> To: "CF-Community" <[EMAIL PROTECTED]>
>> >> Sent: Thursday, November 06, 2003 3:58 PM
>> >> Subject: Stock dilemna
>> >>
>> >>
>> >> > so everybody should have such a problem:
>> >> >
>> >> > About a year ago, I took a chance and bought a chunk of my
>employer's
>> >> stock in my personal account. Bought in at $3.19 a share.
>> >> >
>> >> > Today it closed at $12.40, and has been going up quite a bit
>lately on
>> >> good news.
>> >> >
>> >> > Price before they bought our site and the market turned south
>was about
>> >> $13-$14.
>> >> >
>> >> > So, what to do?
>> >> > Keep it all, hoping for even more gains,
>> >> > Sell an amount corresponding to the original investment,
>getting my money
>> >> out (so anything else is profit),
>> >> > Sell it all (take the money and run).
>> >> >
>> >> > And if I sell, where the heck to put the proceeds?
>> >> >
>> >> > <sigh>
>> >> >
>> >> > -Ben
>> >> >
>> >> >
>> >> >
>> >>
>>
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