lol
Dana
Ben Braver writes:
> re: bonds - see my reply to Deanna
> 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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