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#1
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Hey Buzz
Got my quarterly statement yesterday...OUCH! [img]images/icons/shocked.gif[/img] Any stock tips you'd like to share that we don't know about???!!! [img]images/icons/smile.gif[/img] -Hooper "You're gonna need a bigger boat" |
#2
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Hooper,
I once met a gentleman who retired from NASA, took all his cach and invested in the market. He is now a gazillionaire. During dinner he gave me three great stock tips. 1. Read "Beating the Street" by Peter Lynch. 2. Study The Motely Fool online. THey have very good information. 3. (most important) never invest in any company until you can write a full page on how that company will make money for you. Since I stopped following my heart and began following my brain, I have done quite well. I took the money from the S/C and put it into XMSR in early November '01. It tripled and then began sliding down. My stop limit was reached and I was out with a nice profit. The stock is hovering around three right now. The company has met all their targets for subscribers and is inline to meet the next subscriber goal. It may take a few more years, but I WILL have my 28 Whitewater. I found the hardest thing about investing is sticking to the plan. My heart wants me to jump in and out. The brain makes me stick to the plan. As far as my Meds go, I'm eatin 'em like M&M's. BuzzCutt
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Experience: The ability to recognize a mistake when you make it again. If you can't fix it with a hammer, you have an electrical problem. |
#3
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Buzzcut-
I think you're the only one in the US who has made money in the market the last 3 years. I've thought about starting my own mutual fund.....The Ed Mancini Fund of Boston which invests in underappreciated center console boats from the south which are then hauled north, cleaned up, wax & polished and sold in the New England for a tidy profit ![]() Anybody want to invest their life savings in my fund?? |
#4
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Matt I am in on the fund. better margins in boats than stocks.
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#5
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Buzzcut,
You're not the only one. I'm selling my Carver 325 Aft Cabin, 21 Sea Ray Laguna (last year's affair) and the baby Whaler and rebuilding the 23CC. As it stands, it's the ugliest of the bunch, but having returned from the Annapolis show and seeing that the new 23's are almost exactly the same, there's no other way to go. Only 50k new! I love the ride and you'll have to pry her wheel from my hands. Best of luck. Otto
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Otto And yes, I still believe in the four boat theory... |
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