OT: Time to enjoy
I hope earnings are good and Nokia and Samsung have paid their checks. As for me, I had to exit all of my shares from my investment account this week. Sitting on a few may options purchased yesterday, in case something exciting happens at the earnings call. Still have 2000 shares long in a Roth and a few hundred shares in a SEP-IRA.
I just put under contract a 30 acre horse ranch, just around the corner from my 75 acre farm in Silex, Missouri that I have been trying to build up from scratch. Having put in elecric, a well, septic, a gravel drive, and an inexpensive mobile home I was truly starting from the beauty of the land itself - with the only structure being an old corn crib. The land costed as much as a house would.
The new 30 acres has a beautiful two bedroom country home, that has enough character to serve as a bed and breakfast. The prior owners were quite wealthy and showed arabian horses. They built a beautiful stone addition, w/fireplace and imported some fancy ceiling tiles from Italy, along with some impressive ceramic flooring in the kitchen.
I have been collecting these cauliflower looking rocks from the creekbeds, that are filled with quartz crystal like geods to work into a fireplace whenever I got to building a home - the stone addition and fireplace of this home already has them included!
Current owner is a retired carpenter and has a reputation of being a master at his trade. He gutted the original portion of the home and totally refurbished since 1995. There is an all- wood bathroom with a sauna tub and separate shower. He also sided both the house and a cottage with cedar, and the cottage is finished inside with Knotty Pine - same as the house, but someone ran a fever and painted the walls.
There is a three car garage built into a hillside with room for the cars, plus a workshop area, and on the second level is a tack room that the owner has fixed up for his taxidermy craft.
There is a 40 x 70 barn with horse runs for each stall, and a second barn with several more stalls and a loft. It is fenced and cross-fenced for rotating the horses on pasture and I plan to start boarding horses, to supplement my only farming activity - square-bailing hay. I have two horses that love my farm as much as I do. They haven't even seen the new place yet.
Due to my investment in IDCC, I was able this week to pay off the rest of my truck, my car, my credit cards, my loan for the well and septic, and for two thirds of the 20 percent down payment on the new place. This is why I invested, so that someday I could have an opportunity just like this one.
The market often gets boring and lags in the summer months, and perhaps IDCC will give me time to establish a new position affordably, once this deal is done.
I just wanted to share an enormous event in my life, since I have shared the ups and downs of this stock with many of you over the past several years. Have a great summer everyone!
Fred Wayne Robinson
