AI
| Followers | 113 |
| Posts | 24820 |
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| Alias Born | 08/23/2006 |
Monday, May 14, 2007 10:14:44 PM
Nice one...
There are similar facts in my most likely near future. It would not be prudent to discuss further than that. However, I related immediately to your post. Regarding the placement of portfolio assets are tough going at it alone. So the best recommendation (coming from a MB) would be to consult with a professional financial planner and one that has a long and healthy reputation....We consult with Fidelity, Citi Group, Merill Lynch Working Capital Management and a bit of going at it alone. The brokerage firm I use to trade won't discuss penny stocks with me. He comes from NYC... so I understand his somewhat negative attitude when I mention it. Its a typical opinion shared by the majority of trading professionals I know. They want me to buy Hedge funds in precious metals of which I can't now cause its closed and is up 25% YTD.. That's funny in a way cause I bought ETIM at avg. .0016 which is now averaging in the 20/30's cause I bought in the 30's 40's and one at 53..I'm way past the 25% mark for the year..(well not really cause I havn't sold any..lol) They're not % gains till ya sell'em...
Now with all that said.....and knowing that a diversity in your portfolio is proper risk management...I would say sell everything down to your skivies and buy ETIM shares in blocks at all current price points and string'em up in a row and go from there....LOL...Good luck and take care of your inheritance, protect it with all your might. Just don't buy a smoothy stand in some strip mall and become a die hard franchisee...I see them come and go monthly...I have over 75 businesses that advertise with me (risk management, once again)
done typing for now, and the Merlot my wife bought needs to be opened..
best,
K
There are similar facts in my most likely near future. It would not be prudent to discuss further than that. However, I related immediately to your post. Regarding the placement of portfolio assets are tough going at it alone. So the best recommendation (coming from a MB) would be to consult with a professional financial planner and one that has a long and healthy reputation....We consult with Fidelity, Citi Group, Merill Lynch Working Capital Management and a bit of going at it alone. The brokerage firm I use to trade won't discuss penny stocks with me. He comes from NYC... so I understand his somewhat negative attitude when I mention it. Its a typical opinion shared by the majority of trading professionals I know. They want me to buy Hedge funds in precious metals of which I can't now cause its closed and is up 25% YTD.. That's funny in a way cause I bought ETIM at avg. .0016 which is now averaging in the 20/30's cause I bought in the 30's 40's and one at 53..I'm way past the 25% mark for the year..(well not really cause I havn't sold any..lol) They're not % gains till ya sell'em...
Now with all that said.....and knowing that a diversity in your portfolio is proper risk management...I would say sell everything down to your skivies and buy ETIM shares in blocks at all current price points and string'em up in a row and go from there....LOL...Good luck and take care of your inheritance, protect it with all your might. Just don't buy a smoothy stand in some strip mall and become a die hard franchisee...I see them come and go monthly...I have over 75 businesses that advertise with me (risk management, once again)
done typing for now, and the Merlot my wife bought needs to be opened..
best,
K
Salt Creek
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