I'm a undergrad in Wa state going into biology. Update: I'm currently a college drop out. I'm long PFE HP AAPL IBM LVS TCK MUR LUK KCG ACI and some mutual funds. I've been an investor in mutual funds since 2002, but found to dislike like the +/-gains. My first 'almost' double bagger was CAT. I held BP through the whole oil spill only to sell at mere gain. I don't short or play options. Currently looking at ETFs. Sold: CENX 2.6 bagger; MUSA at 40% gain after spin-off dividend from MUR. ACI still holding while in bankruptcy!!!... Jesse Livermore said, "After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!" Peter Lynch said "There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling." Warren Buffett: I say hold, basically hold. I mean, the idea that the European news or slowdown in this or that or anything like that, that would not cause you to own a good farm and had a run by a good tenant, you wouldn't sell it because somebody said here's a news item, you know, this is happening in Greece or something of the sort. If you owned an apartment house and you got to raise your rents a little, it's well located and you have a good manager, you wouldn't dream of selling it. If you had a good business personally, the local McDonald's franchise, you know, you wouldn't be thinking about buying or selling it every day. Now, when you own stocks, you own pieces of businesses, and they're wonderful businesses. So you can pick the best businesses in the world, and to buy or sell on current news is just crazy. You're in a wonderful business, you've got people running it for you. You know you're going to do well over five or 10 years, and to think news events should cause you to try and dance in and out of something that's a wonderful game is a terrible mistake. So get into a bunch of wonderful businesses and stay with them. http://calvinayre.com/2013/01/02/casino/global-gaming-asset-management-set-to-secure-9-stake-in-bloomberry-resorts-packer-opens-the-expensively-renovated-crown-perth/ None are more hopelessly enslaved than those who falsely believe they are free ----- Johann Wolfgang von Goethe
TRADE WITH TDAMERITRADE
Saved by and Follower of Master Yeshua Ha' Mashiach / Jesus Our Messiah
just passin through eternity is forever......................................................................................................................................
I have learned how not to loose a boat load by trying to find good companies that trade at a discount to their peers and have solid fundamentals for the long term Don't buy all at once, have some cash to the sidelines and find those who have solid advice to help you learn along the way." When chicken little still says the sky is falling, and it already has, matbe it's time to buy some eggs." It also goes the other way.