General Stock Ideas

[bigworld]

gfp: The 3 people I know well who made it relatively big in stocks all did it working for a company early on and buying stock options along the way. One guy worked for Cisco in the 1980s. Made enough to retire while in his early 40s. He's still retired, now living in Venice, Florida. Another guy I know well was an electrical engineer who went to work for Bell Labs in Chicago right out of College. Bell Labs became Lucent. He bailed on Lucent before the dot-com crash because he though Carly Fiorini was a terrible CEO. He was right. He started his own company doing worldwide tracking logistics. He's planning to retire and has his company on the block. Once he sells that he'll have about $50 Million to live out the rest of his days. The 3rd person was a Pharmacist I went to school with. She moved to California and eventually did work for a new start up called Amgen. Got paid in stock options. Her and her husband currently live in a $5 Million dollar house in Santa Barbara with a view of the Pacific, 2 acres of fruit trees and views to die for. She turned me on to Amgen when it went public. I no longer own it. And It is still my biggest winner so far. I lost half those profits chasing other biotech dreams. Of them only ISIS ever made me any money. I currently only own one small biotech. CVM. And it has finally roared back to life recently. It still has great potential on the hopes for its lead product "Multikine", now in worldwide Phase 3 testing. You have to own some of those long shots once in a while. Not to go hog wild. But you need a little risk sometimes. Within reason.