anybody recognize where that's from?
<hehe>
>yeah I got to that next. And only THEN the dunce remark, harumph :)
>
>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
>> >> >> >
>> >> >> >
>> >> >> >
>> >> >>
>> >>
>>
[Todays Threads] [This Message] [Subscription] [Fast Unsubscribe] [User Settings]
