will
Ben Braver wrote:
> "Give the Governor a 'harumph'"
> 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
> >> >> >> >
> >> >> >> >
> >> >> >> >
> >> >> >>
> >> >>
> >>
>
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