Trans Ladyboy Forum

Go Back Trans Ladyboy Forum > General Discussion
Register Forum Rules Members List Search Today's Posts Mark Forums Read Bookmark & Share

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 02-19-2009
GRH's Avatar
GRH GRH is offline
Senior Ladyboy Lover
 
Join Date: Jun 2008
Location: New England
Posts: 531
GRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to behold
Default Any Investors in this market?

Just curious if anyone else traded or was into investing? This is a fun, if volatile market to trade in...But I think it presents great opportunities. The hard part is calling bottom!
Reply With Quote
  #2  
Old 02-19-2009
randolph's Avatar
randolph randolph is offline
Senior Ladyboy Lover
 
Join Date: Oct 2008
Location: S. Calif.
Posts: 2,502
randolph is an unknown quantity at this point
Default

Quote:
Originally Posted by GRH View Post
Just curious if anyone else traded or was into investing? This is a fun, if volatile market to trade in...But I think it presents great opportunities. The hard part is calling bottom!
Yes, I watch my "goodies" go down and down where it stops nobody knows. My port.. is still green and the yields are looking better every day. So I have reluctant to sell so far.
__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N.
Reply With Quote
  #3  
Old 02-20-2009
Rondaddy1's Avatar
Rondaddy1 Rondaddy1 is offline
Junior Ladyboy Lover
 
Join Date: Feb 2009
Location: North Carolina
Posts: 27
Rondaddy1 will become famous soon enough
Send a message via Yahoo to Rondaddy1
Default Real estate maybe...

I am considering buying another home and renting my current one out (or vice-versa). Just seems like a great time to buy if a person is financially stable. As far as stocks/funds, Iam just playing safe and holding on to what I have left and hope it starts to grow again!
Reply With Quote
  #4  
Old 02-20-2009
randolph's Avatar
randolph randolph is offline
Senior Ladyboy Lover
 
Join Date: Oct 2008
Location: S. Calif.
Posts: 2,502
randolph is an unknown quantity at this point
Default Real estate?

Quote:
Originally Posted by Rondaddy1 View Post
I am considering buying another home and renting my current one out (or vice-versa). Just seems like a great time to buy if a person is financially stable. As far as stocks/funds, Iam just playing safe and holding on to what I have left and hope it starts to grow again!
Housing prices here in Calif. are looking good, however, boarded empty houses in a neighborhood is not good news. Be very careful. Recovery in some areas may take ten years or more.
__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N.
Reply With Quote
  #5  
Old 02-21-2009
Rondaddy1's Avatar
Rondaddy1 Rondaddy1 is offline
Junior Ladyboy Lover
 
Join Date: Feb 2009
Location: North Carolina
Posts: 27
Rondaddy1 will become famous soon enough
Send a message via Yahoo to Rondaddy1
Default

Quote:
Originally Posted by randolph View Post
Housing prices here in Calif. are looking good, however, boarded empty houses in a neighborhood is not good news. Be very careful. Recovery in some areas may take ten years or more.
Yeah, my friend from Chino has told me some horror stories. And he just got layed off...sucks.
Anyway, where I live the houses are holding their value a little better, so I feel that this might be a good time.
Reply With Quote
  #6  
Old 02-21-2009
GRH's Avatar
GRH GRH is offline
Senior Ladyboy Lover
 
Join Date: Jun 2008
Location: New England
Posts: 531
GRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to behold
Default

I don't own a home, but I certainly play the different markets. I've had some DOW futures contracts that I had short, and they paid well this week. I've been hedgeing that general bet with long plays in some DOW blue-chips like GE, KFT, JNJ, MCD, etc. The P/E ratio is phenomenal on many of these blue-chips...But I have no idea where bottom is...So I've been slowly buying in during the past few weeks to reduce my exposure. Still, I like the VERY long prospects on many of these companies...After all, 100 shares of MCD bought back in the 1960's for $2,250 would be worth $4.6 million today after all the splits and dividend-reinvests. I'm not sure what the DOW will do next week...I'm suspicious of a bear trap, so I'm reducing my short exposure towards long...

But damn, I've had some metal plays which have payed off handsomely. Roughly 17% gains in just a few months of metal positions. Not bad given the direction of stocks these days...
Reply With Quote
  #7  
Old 02-28-2009
randolph's Avatar
randolph randolph is offline
Senior Ladyboy Lover
 
Join Date: Oct 2008
Location: S. Calif.
Posts: 2,502
randolph is an unknown quantity at this point
Default Banks

If the banks can get stabilized soon and start lending more money, that would help a lot. Also, the real estate market has to turn around. Here in S. calif. prices are still going down, 50% plus from the peak. Sales are starting to pick up. The big problem hanging over real estate is the home equity loans (home ATM machines) that were so popular here recently. Some homeowners had skimmed over $800,000 out of their homes before losing it.
__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N.
Reply With Quote
  #8  
Old 02-28-2009
CreativeMind's Avatar
CreativeMind CreativeMind is offline
Senior Ladyboy Lover
 
Join Date: Jul 2008
Location: A place that's sunny & warm
Posts: 371
CreativeMind is a jewel in the roughCreativeMind is a jewel in the roughCreativeMind is a jewel in the roughCreativeMind is a jewel in the rough
Default

Quote:
Originally Posted by randolph View Post
The big problem hanging over real estate is the home equity loans (home ATM machines) that were so popular here recently.
Some homeowners had skimmed over $800,000 out of their homes before losing it.
Conservative columnist Michelle Malkin actually did a great series in her blog about this very thing, spotlighting two offenders who actually made the national news. Yet, as Malkin points out, most of today's news organizations refused to tell the REAL truth about the shenanigans that these people pulled. Which totally baffles me. Is this responsible journalism in today's world? There's no question that the economy is in turmoil. There's no question that many hard-working, honest people are in trouble and are being hammered. But what I hate is shitty reporting by the so-called main stream media which wants to play up how catastrophic things are to support Obama, which means they're also more than willing to turn their heads and look the other way and not even do the most basic homework or background research anymore...

http://michellemalkin.com/2009/02/25...osure-victims/

http://michellemalkin.com/2009/02/23...-poster-child/

Earlier this week, ACORN activists broke into a foreclosed home in Baltimore. With a mob cheering and camera crew taping, ACORN leader Louis Beverly busted a padlock and jimmied the door open at 315 South Ellwood Ave. The home once belonged to restaurant worker Donna Hanks, who assailed her evil bank for raising her mortgage by $300 and leaving her on the street. "This is our house now," Beverly declared with Hanks by his side at the break-in.

What ACORN didn't tell you: Hanks' house was sold in June 2008 for $192,000. She bought the two-story home in the summer of 2001 for $87,000. At some point during the next five years, she re-financed the original home loan for $270,000. Where did all that money go? (Hint: Think house-sized ATM.)

* * * * * *

The paper also shilled for ubiquitous ACORN foreclosure "victim" Veronica Peterson of Columbia, Md., recycling uncritically her accusation that she had been tricked into buying a $545,000 home by a broker who inflated her income and misrepresented her assets. "These loans were weapons of mass destruction," the single mom of three and home daycare provider who couldn't keep up with her mortgage bills told the Post reporter. "They destroyed our credit, our lives, and they blew up in our face.'"

But a look at court and real estate records exposed the truth. Edward Ericcson, Jr., a reporter for the independent Baltimore City Paper discovered that the "victim" - who took out a full mortgage with no down payment on a house she couldn't afford - looks more like a predatory borrower.

And amazingly, Peterson lived in the home more than year without paying rent or mortgage.

The foreclosure was filed in July 2007. "The balance on the main note then was $435,735.86," Ericcson reporters, plus unpaid interest and late fees - suggesting she made at most one payment on the house. "Had she made all of her payments, Peterson would have spent about $64,335 so far. Had she rented a similar place, she would have been charged around $2,500 per month-a total of $47,500 - since January 2007. Instead, she apparently paid nothing."



And yet THESE are examples of people the media is crying a river for and saying we need to bail them out with OUR money.
Reply With Quote
  #9  
Old 02-28-2009
CreativeMind's Avatar
CreativeMind CreativeMind is offline
Senior Ladyboy Lover
 
Join Date: Jul 2008
Location: A place that's sunny & warm
Posts: 371
CreativeMind is a jewel in the roughCreativeMind is a jewel in the roughCreativeMind is a jewel in the roughCreativeMind is a jewel in the rough
Default

Quote:
Originally Posted by GRH View Post
Still, I like the VERY long prospects on many of these companies...After all, 100 shares of MCD bought back in the 1960's for $2,250 would be worth $4.6 million today after all the splits and dividend-reinvests.
I was just telling a friend the other day that right now...as bad as things seem...the economic downturn is actually a blessing for anyone who is young and just starting out. Heck, it's even good for anyone in their forties with retirement still 20 years out. Right now you can buy into sturdy companies at amazing prices. And as you said, GRH, so long as you approach this with a long term prospect, there's no question that most companies and their stocks will rebound to one degree or another.

On Friday the big news was how Citibank had plunged to under $2 a share, and the running joke on TV was how their ATM fees were now worth more than a share of their stock. But Citibank isn't going anywhere. Hell, it's getting a government bailout. At $2 a share, even if it goes back to $4 you've doubled your money. Now imagine in 20 years it goes back to its highs in the 60, 70, 80 dollar range -- where you'd literally make 40 TIMES your investment.

So your analogy to MCD is correct. Right now, for the smart investor or for someone willing to spread some investment money around a little bit, they're going to wake up years from now with a big smile on their face.
Reply With Quote
  #10  
Old 02-28-2009
GRH's Avatar
GRH GRH is offline
Senior Ladyboy Lover
 
Join Date: Jun 2008
Location: New England
Posts: 531
GRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to behold
Default

I'm with you CreativeMind, but I'm personally scared by some of the obtuse nature of the current administration. There has been LOTS of speculation of bank nationalization...And I'm not PER SAY opposed to that. I just want more information about WHAT government interests will spell for stock???!!! As of the past 48 hours, some of the government's preferred shares have been converted to common shares, increasing the government's stake to 36%! Now, that obviously leads to common shareholder dilution, which is likely to depress prices further. I'm with you, I DON'T think Citi is going anywhere, but I wish I had emphatic or contractual guarantees about what happens to common shares as the bank gets more bought out by the government!

Regarding other companies...I'm long in GE right now, despite their recent slashing of the dividend by 68%. I actually think that GE is one of the more responsible corporations, because they are doing everything they can to preserve capital so as to maintain their AAA credit rating. It's painful for me as a shareholder to have a dividend cut, but I think it's the lesser of evils (dividend cut versus long-term sustainability). Similarly, I expect many DOW and S&P companies to trim dividends...I've alread seen this trend happen in dividend yields that were over-valued relative to market-caps...

That said, I still think this is a GREAT market to play. I'm not going to begin to call bottom...I have no idea where it will be! But one hedged way to nibble at the bottom is to assume long plays in stock that you suspect will drop further (but remain strong in the OVERALL economy). At the same time, sell a bear-call set of options which will create a vertical credit spread. If the stock continues to drop, you have the vertical credit spread that is created by the options to partially offset losses. Thus, equity losses is minimized. If the equity moves against bearish sentiments, well...You have the benefit of increased appreciation in the equity! Meanwhile, the (non-bearish) gains begin to cancel out the vertical credit of the options. It's a very hedged way of testing bottom...The biggest negative is that you have three brokerage fees for every position, as opposed to one for a naked position. I wouldn't begin to recommend this strategy in just any market, but in a market where we are questioning bottom, and nibbling on stocks which might fall further...I think the long/bear-call-credit-spread options is a sensible way to hedge market movements while increasing exposure to stocks which you think are good for the very long!
Reply With Quote
  #11  
Old 03-03-2009
randolph's Avatar
randolph randolph is offline
Senior Ladyboy Lover
 
Join Date: Oct 2008
Location: S. Calif.
Posts: 2,502
randolph is an unknown quantity at this point
Default Time to buy?

Are any of you guys looking at environmental stocks? Presumably, a lot of money is going to be available for solar, wind, geothermal, algae and other alternatives. Of course a lot will depend on oil prices.
__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N.
Reply With Quote
  #12  
Old 03-04-2009
GRH's Avatar
GRH GRH is offline
Senior Ladyboy Lover
 
Join Date: Jun 2008
Location: New England
Posts: 531
GRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to beholdGRH is a splendid one to behold
Default

Alt-eneregy has been eaten up and spit out along with just about every other stock in this market. Back when I speculated that we had bottomed out in November I was more optimistic on the alt-energy front. I think the sector (broadly speaking) will benefit from this administration, but it's a sector that generally has a lot of small cap companies that have been completely decimated by market conditions. I read a recent article at MarketWatch about $300/barrel oil. Now in fairness, I was a HARSH critic of said article, but I think oil is definitely set for a long-term rise, if only tied to inflation here in the US. On a long play, I actually like some of the oil bastards...I think they've begun to see the "writing on the wall," and are now invested in trying to further their interests beyond peak oil. The one thing about oil companies is that they pay dividends (not necessarily phenomenal ones), but for a long-call, I MUCH prefer that exposure to something like USO, or some other futures-based ETF. For short-term trading, stick with derivative ETF's and profit. But those ETF's never pay out divies, so stay away for the long.
Reply With Quote
  #13  
Old 03-12-2009
randolph's Avatar
randolph randolph is offline
Senior Ladyboy Lover
 
Join Date: Oct 2008
Location: S. Calif.
Posts: 2,502
randolph is an unknown quantity at this point
Default Citi

I bought 1K of Citi. Monday at $1.25, so far so good.
Profit taking is likely soon.
Reply With Quote
  #14  
Old 03-26-2009
quickpick's Avatar
quickpick quickpick is offline
Apprentice Ladyboy Lover
 
Join Date: Mar 2009
Posts: 53
quickpick will become famous soon enough
Default

I gotta say I am very happy with my volatile investments. Put my $$$ in various banking stocks, and up anywhere from 50%-100% on my portfolio. Got Citi at $1. Granted I made some mistakes too, but overall I'm up! Get some of the banking stocks. I think Citi is a good buy (hopefully not a goodbye). But neah, I think it will be around. Just my 2 cents. Now I wish I invested more than chump change. Nothing that will let me retire, but...could have, should have, but I didn't.
Reply With Quote
  #15  
Old 03-26-2009
MistressStevie MistressStevie is offline
Senior Ladyboy Lover
 
Join Date: Feb 2009
Location: US of A
Posts: 193
MistressStevie is just really niceMistressStevie is just really niceMistressStevie is just really niceMistressStevie is just really niceMistressStevie is just really nice
Default

Over time, this is still a buying opportunity. Traditional winners are on FireSale and over time, they will have to
perform. Now, if that is a year out or ten, I cannot say. But, it is time
to buy. If I pick enough winners, the day job is gone and it is fantasy
life style time!!! -mS
Reply With Quote
Reply

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


Similar Threads
Thread Thread Starter Forum Replies Last Post
Up market t-girls Pencelli Freebies 4 09-30-2008 08:34 AM


All times are GMT -5. The time now is 03:49 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright © Trans Ladyboy