Investing 102

[GregWeld]

Just be sure to remember the happy days -- and think LONG TERM -- cause there will be times when you'll have suicidal thoughts!

Pretty easy to look and think you're brilliant when the market is going your way.

Trust me -- you'll have completely different view when the market sucks.

The winners are the ones that can overcome and have a larger longer view.

[westoz]

I should also mention that I was nearly convinced by a friends sister - had the plan and papers ready to sign ( she is a broker for JP morgan ) that I should use some of the equity in my properties to invest and use as a tax write off. Looking at this now it was pure madness, especially considering their fee's and her cut. Much happier now.

Now especially with a family on the way I really need to make the "right" decisions for our future - perfecting timing on reading this thread..

[hifi875]

It will go down for sure, because i own it. murphy follows me around alot.

[Sieg]

Sorry for the inconvenience, closed due to weather.

US Market closures due to severe weather in the New York area

Due to severe weather in the New York area, US equity and option markets will be closed on Monday, October 29, 2012. The bond market will close early at noon ET. There will be no Pre-Market Trading session or After Hours Trading session on Monday, October 29.

Please see the following press releases for more details:
NYSE: http://www.nyse.com/press/1351243418010.html
NASDAQ: http://www.nasdaqtrader.com/TraderNe...?id=ETA2012-44

Domestic equity and option orders placed while the markets are closed will be pending until the markets reopen. Cancelled orders will show as "cancel pending."

The Canadian Markets will be open on Monday, October 29, 2012, and Canadian equity orders will route to the Canadian exchanges. Please contact Charles Schwab's Global Investing Service at 1-800-992-4685 with any questions or for assistance with placing trades in Canada or other international markets.

[GregWeld]

See what happens when I go off to play?

[Sieg]

Due to Lateral-G's chief strategist taking the day off and the potential lack of trading activity the markets have also decided to take the off.......

[GregWeld]

Buy tires manufacturers! I seem to by buying a lot of them lately....

[Sieg]

Originally Posted by GregWeld

Buy tire manufacturers! I seem to by buying a lot of them lately....

Thanks to your investing strategies you don't have to cringe when buying them!

I'll assume they have tire vendors with good pricing at the track similar to motorcycle track days?

[GregWeld]

Not to jack this INVESTING thread with car info.... but this is a car website!

LOL


The new Michellin Pilot Super Sports made the car (Audi R8 Spyder) far far quieter! They're not as thump over uneven pavement... and the ride is noticeably smoother. Sometimes there is a "blessing in disguise".... the PZeros aren't half the tire these new ones are.

[GregWeld]

Here's a quick look at ONE track day (5 - 20 minute sessions on a 2.75 mile track) did to a set of tires (PZeros).