up :) Ihave heard a lot of landlords sing the blues
Dana
Andre Turrettini writes:
> Or you coudl do something thats prtty much guaranteed to work. Buy a small
> condo with it and rent it out. The cash to buy it is pretty much free
> (psychologically for you) so you'd be just sitting there getting money even
> if you used a mgmt company to rent it out.
>
> All around though, I'm not sure if asking a bunch of programmers is the
> right way to go. If you have any friends who are serious entrepreneurs, ask
> them what to do or if you can piggy back on one of their activities. The
> good ones make 50% or more of their investments yearly! Did I mention to
> only ask the good ones? They are very likely to be happy to help you.
>
> DRE
>
> -----Original Message-----
> From: Dana Tierney [mailto:[EMAIL PROTECTED]
> Sent: Friday, November 07, 2003 11:09 AM
> To: CF-Community
> Subject: Re: Stock dilemna
>
>
> 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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