Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: O.K., so seeking investment advice
Old 05-29-2005, 10:46 AM   #41
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

Shhhhh...I'm in disguise...
__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: O.K., so seeking investment advice
Old 05-29-2005, 11:34 PM   #42
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: O.K., so seeking investment advice

What th 8), I could barely hear you.
__________________

__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-30-2005, 01:22 PM   #43
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

Who the hell is 'th'?

Gimme some credit, I tried it at a point size of 1 and 2, which truly WERE unreadable, before settling on something slightly larger for you old fogeys that are hard of hearing
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-30-2005, 10:20 PM   #44
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,620
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Grand Banks
... before settling on something slightly larger for you old fogeys that are hard of hearing
Just wait 'til presbyopia turns on you, my friend!

-- Nords (20/15 a decade ago, now 2.00 diopters & still rising)
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 12:09 PM   #45
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

'earing me bucko, not eyesight!

Actually I've noticed an oddity lately regarding eyesight. Mine used to be a little off but lately I've noticed that I read better without the glasses. I think some amusing coincidence is causing the hardening/aging of my eyes to bring them more to normal.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 12:28 PM   #46
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,139
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Grand Banks
'earing me bucko, not eyesight!

Actually I've noticed an oddity lately regarding eyesight. Mine used to be a little off but lately I've noticed that I read better without the glasses. I think some amusing coincidence is causing the hardening/aging of my eyes to bring them more to normal.
Send that info to the FDA. Might counteract some of the other publicity surrounding the side effects of those little blue pills you've been taking...

REW, enjoying his first official day of eR
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 01:17 PM   #47
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

I take the red pills, almost exclusively.

Welcome to the land of the great unwashed, unemployed, not quite really retired people way too young to be enjoying the heck out of themselves in this manner.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 01:59 PM   #48
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: O.K., so seeking investment advice

I called in sick today REWahoo, in honor of your retirement.....ok, I called in sick cuz I'm puking up a lung, but the first statement sounded better. Congratulations! I look forward to the same feeling August of 2019.....

Reaching way back up this thread, Grand Banks, I probably will go that route. I don't need outsized returns to reach my goals, just some steady growth. I'm a target oriented investor.

On another note, my DW's company just got slammed by the market (BSTE), glad we sold most of her options earlier in the year. This market is so jittery with even small bad news!
__________________
laurence is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 02:17 PM   #49
Moderator Emeritus
Martha's Avatar
 
Join Date: Feb 2004
Location: minnesota
Posts: 13,212
Re: O.K., so seeking investment advice

Laurence, I have been gone on a trip to "the woods" and just saw this thread. My DH owned quite a bit of DSCO in what UncleMick would call the Hormone Account. He sold off quite a bit at around $10, but still has a fair number of shares. He is out offloading the motorcyles. When he gets back I'll give a shot at asking him to explain why he thinks DSCO is a good deal.
__________________
.


No more lawyer stuff, no more political stuff, so no more CYA

Martha is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 02:20 PM   #50
Moderator Emeritus
Martha's Avatar
 
Join Date: Feb 2004
Location: minnesota
Posts: 13,212
Re: O.K., so seeking investment advice

I see that while I was gone, Laurence shot way past me in posts.

Grand Banks (I missed that name switch), the first sign of presbyopia is taking off your glasses to read.

REWahoo. Many congradulations. I wait my turn with envy.
__________________
.


No more lawyer stuff, no more political stuff, so no more CYA

Martha is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 02:25 PM   #51
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Martha
Grand Banks (I missed that name switch), the first sign of presbyopia is taking off your glasses to read.
Dang, and up until now I wasnt big on religion...

Although it appears I have no choice, I'm not even sure I want to become a presbyopian.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 03:25 PM   #52
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Martha
I see that while I was gone, Laurence shot way past me in posts.

Sorry! Like I said to someone else, it just means I like to talk too much!
__________________
laurence is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 05:47 PM   #53
Moderator Emeritus
Martha's Avatar
 
Join Date: Feb 2004
Location: minnesota
Posts: 13,212
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Laurence

My poor purchases, ELN and DSCO have now both broken even again, and I have some cash rolled into my etrade account for a total of 6k cash and 6k equities in the above stocks. So I'm looking for ideas.
Laurence, I showed my DH your question concerning sale of Discovery Labs, and letting him type a response under my name;

OK, I'm blaming you, Laurence, for my wife making me respond here. I've owned DSCO for about 3-4 years, buying most of it below $2.50/share, so I'm sitting on some profits. You know there have been plenty of delays with FDA approval of their molecule. Mediocre management I suspect, but I still like the actual molecule they hold the patent on. The company holds a letter of approval from the FDA conditional upon cleanup of their manufacturing process and labeling issues. I don't believe this approval letter is factored into the share price, although the process has begun. If I remember correctly, a couple of years ago a respected analyst said the price should go to $13 upon approval. The FDA likes the Phase III results right now; they just have problems with the manufacturing process. DSCO is currently cleaning this up before the end of July. The question I can't answer is "will DISCO management keep messing up forever?" I'm holding. I believe the rewards far out weigh the risks at this point in time. Nevertheless, it's still a biotech stock. It's also a low cost molecule in a high cost world, a synthetic molecule that mimics--and surpasses--surfactants extracted from pigs and cows, oh my.

BTW, I've been teasing my wife about all her boyfriends that she always talks to here in digital retirement land. I told her she now has to 'procure' talking girlfriends for me. She was not amused. I better go back outside. Best of luck with your stock picks.

Greg
__________________
.


No more lawyer stuff, no more political stuff, so no more CYA

Martha is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 06:06 PM   #54
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,139
Re: O.K., so seeking investment advice

Quote:
Originally Posted by Martha
BTW, I've been teasing my wife about all her boyfriends that she always talks to here in digital retirement land. I told her she now has to 'procure' talking girlfriends for me.
Martha, since we suspect he (?) is really a 13-year-old girl from Hoboken, hook Greg up with pen-pal JG.

REW
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 07:50 PM   #55
Moderator Emeritus
laurence's Avatar
 
Join Date: Feb 2005
Location: San Diego
Posts: 5,234
Re: O.K., so seeking investment advice

Hey Martha, tell Dad thanks!

Boyfriends? Didn't you tell him his family got bigger? I like tri-tip and garlic mashed potatos for Sunday dinner, btw.
__________________
laurence is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 05-31-2005, 09:28 PM   #56
Thinks s/he gets paid by the post
 
Join Date: Dec 2002
Posts: 3,875
Re: O.K., so seeking investment advice

Quote:
Originally Posted by REWahoo!
Martha, since we suspect he (?) is really a 13-year-old girl from Hoboken, hook Greg up with pen-pal JG.

REW
Hey, I'm 17 and it's Newark, you dolt!

JG
__________________
MRGALT2U is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 06-02-2005, 07:46 PM   #57
Thinks s/he gets paid by the post
greg's Avatar
 
Join Date: Jun 2005
Posts: 1,071
Re: O.K., so seeking investment advice

Well, son, have I got a stock for you. The stock is a Canadian lead miner that owns one mine in Australia. They have finished investing money in the mine and it is now running. They have long term contracts for some of the lead. No money has fallen to the bottom line yet. Much of the risk is gone if you're worried about unacceptable or unforseen start up expenses. The rewards are the mine is near SE Asia, close to China. They make lots of cars there, the cars need batteries, the batteries need lead; companies will pay lots of money for lead, currently about 45 cents/lb. Cost is about 20-25 cents/lb to dig and refine. Oh, boy.

The risk is, will the world economy slow down, the car market tank, and everything go to heck? I just sold the stock! But I still love the company. This, I believe, is a wonderful play if things don't go bad, if we continue to walk the razor's edge of controlled inflation and no recession: IVW.TO Ivernia Mines Jim Rogers likes this stock. Do your own DD, of course. They have nice pictures on their website--no kangaroos w/hats though.

Dad



__________________
Compounding: Never forget! Never not remember!
greg is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 06-02-2005, 11:28 PM   #58
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

Hmmm...20-25c to dig and refine...how much to transport it? Isnt lead heavy?
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 06-02-2005, 11:55 PM   #59
Thinks s/he gets paid by the post
greg's Avatar
 
Join Date: Jun 2005
Posts: 1,071
Re: O.K., so seeking investment advice

Quote:
Originally Posted by th
Hmmm...20-25c to dig and refine...how much to transport it? Isnt lead heavy?
I think it costs about the same to haul a tonne of lead as it does to haul a tonne of gold or marshmellows. Maybe a little less because I'm using the metric system.

Greg, the lead balloon guy
__________________
Compounding: Never forget! Never not remember!
greg is offline   Reply With Quote
Re: O.K., so seeking investment advice
Old 06-03-2005, 12:00 AM   #60
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: O.K., so seeking investment advice

I'd rather invest in feathers...
__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Need Retirement Investment advice johnbb FIRE and Money 33 09-25-2006 10:53 AM
Seeking FIRE Advice Rosalita FIRE and Money 2 02-01-2006 09:53 PM
Ignore this investment advice at your peril mickeyd FIRE and Money 11 11-27-2005 05:53 AM
Advice on a Re-Mortgage & Investment Plan SDY888 FIRE and Money 12 08-04-2004 11:33 PM
Investment advice lauraf13 FIRE and Money 32 07-20-2003 01:38 PM

 

 
All times are GMT -6. The time now is 02:06 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.