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Search: Posts Made By: leto333
Forum: Business, Finance, and Investing 12-15-2006, 08:24 PM
Replies: 13
Views: 223
Posted By leto333
Re: GM stock

If it were me, I would hold it.

just put them in a safety deposit box and look at them again in 10 or 20 years to see what they are worth.
Forum: Business, Finance, and Investing 11-15-2006, 12:08 AM
Replies: 18
Views: 93
Posted By leto333
Re: Where to begin...

One question:

DesertCat posted Buffet's letter which noted 4 points they use to determine if a business was a viable candidate for purchase.

(1) one that we can understand,
(2) with favorable...
Forum: Business, Finance, and Investing 10-31-2006, 09:24 PM
Replies: 39
Views: 264
Posted By leto333
Re: Help me settle this 20 yr fixed vs 30 yr fixed mortgage debate

The 30 year will give you more flexibility should you see a decrease in income or just want to spend some money on yourself and not your house payment. But if you want to pay the least amount of...
Forum: Business, Finance, and Investing 09-28-2006, 11:28 PM
Replies: 6
Views: 45
Posted By leto333
Re: Meeting with Goldman Private Wealth Mgr.

Are you kidding me? your meeting with a "Private Wealth Manager".

My first question for him is What The [censored] is a private wealth manager (with all due respect of course)

Your meeting...
Forum: Business, Finance, and Investing 08-15-2006, 08:11 PM
Replies: 12
Views: 277
Posted By leto333
Re: New York Times: If You Know Options, You Know Stocks

Bernie Schaffer has a free report that lists some notable ratio changes, but they dont do a comprehensive report.

This strategy is similar to others I have heard of. Basically, short term...
Forum: Business, Finance, and Investing 08-10-2006, 07:30 PM
Replies: 5
Views: 44
Posted By leto333
Re: Dave Ramsey

I have recently started listening to his program and find it to be good advice, yes there are times when what he espouses may not be the most dollar efficient way to go about it, but he freely admits...
Forum: Business, Finance, and Investing 08-09-2006, 01:03 PM
Replies: 2
Views: 89
Posted By leto333
Re: Trading 101- Scaling Entries and Exits

Powerful stuff, I recently read an anecdote about Richard Dennis using this method in his futures trading, buying an initial $100,000 position when his entry signal told him to, only to get stopped...
Forum: Business, Finance, and Investing 08-08-2006, 07:02 PM
Replies: 14
Views: 75
Posted By leto333
Re: Help me, Help Mom

This is somewhat offtopic but I will throw it out here to see if it is relevant.

Has your mother considered long term care insurance. My Mom purchased it a few years ago and apparently it gets...
Forum: Business, Finance, and Investing 08-07-2006, 08:45 PM
Replies: 81
Views: 410
Posted By leto333
Re: rate the deal i got on a lease 750li

Its a lot more fun, looking "poor" but being rich, than it is looking rich but being a slave to a bank.
Forum: Business, Finance, and Investing 07-31-2006, 01:52 PM
Replies: 4
Views: 48
Posted By leto333
Forum: Business, Finance, and Investing 07-29-2006, 10:35 AM
Replies: 5
Views: 55
Posted By leto333
Re: Poker & Investing, theory post

Thanks for the bump, I did miss this. Very thought provoking.
Forum: Business, Finance, and Investing 07-27-2006, 05:13 PM
Replies: 27
Views: 108
Posted By leto333
Re: looking to buy a house.

Well an alternate opinion would be to pay off your house as fast as possible, and yes that does mean paying cash. This usually means that you will end up buying a smaller house than you would if you...
Forum: Business, Finance, and Investing 07-27-2006, 04:21 PM
Replies: 27
Views: 108
Posted By leto333
Re: looking to buy a house.

That is definitely one opinion.
Forum: Business, Finance, and Investing 07-27-2006, 03:26 PM
Replies: 12
Views: 68
Posted By leto333
Re: New Investor With Small Amount of Money

$1k is not enough to speculate with. If you place $1k into a high yield savings account and add $83 a month to the account, you will achieve over 100% gains in your account with no risk of drawdown....
Forum: Business, Finance, and Investing 07-27-2006, 02:38 PM
Replies: 12
Views: 77
Posted By leto333
Re: Stock prices going up BEFORE positive earninges report

If you mean buying a stock in anticipation of a good report because it is running up prior to the report? No, that is russian roullette, no one knows which way a stock is going to break on an...
Forum: Business, Finance, and Investing 07-27-2006, 09:51 AM
Replies: 12
Views: 77
Posted By leto333
Re: Stock prices going up BEFORE positive earninges report

It is commonplace to trade a stock on the idea of it running up into earnings, just as it is common to short a stock after earnings, particularly stocks that have had very good run ups going into...
Forum: Business, Finance, and Investing 07-27-2006, 01:43 AM
Replies: 37
Views: 168
Posted By leto333
Re: The Evolution of New Businesses

I have it ordered, had a snafu with my amazon shipping address being out of date, but hopefully it will arrive soon.
Forum: Business, Finance, and Investing 07-27-2006, 01:34 AM
Replies: 4
Views: 50
Posted By leto333
Re: No Load, No Transaction Fee Mutual Fund Question

you have to pay the broker's commission if you use the broker.
Forum: Business, Finance, and Investing 07-27-2006, 01:27 AM
Replies: 11
Views: 65
Posted By leto333
Re: Snap Ticket - TD Ameritrade

well, never enter market orders prior to market hours, that is really the only no no.

if your not a long term investor, then I would say never purchase a stock at market in the first hour of...
Forum: Business, Finance, and Investing 07-26-2006, 11:24 PM
Replies: 11
Views: 65
Posted By leto333
Re: Snap Ticket - TD Ameritrade

you were seeing premarket quotes, the marketmaker basically "no-bids" the price, that is sets it so high that there will be no takers, so he is conforming to the requirements of his market making...
Forum: Business, Finance, and Investing 07-26-2006, 02:12 PM
Replies: 27
Views: 108
Posted By leto333
Re: looking to buy a house.

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
At least 20% downpayment so that you don't have to pay for mortgage insurance.

[/ QUOTE ]

this is pretty bad advice. 20% is generally on the high end of the...
Forum: Business, Finance, and Investing 07-25-2006, 11:32 PM
Replies: 3
Views: 48
Posted By leto333
Re: First house purchase with a commercial investment loan mortgage

We would have to know what the full length of the loan would be. There is a breakover point where the fix rate loan will become cheaper than the adjustable if your rate is raised from 9% to 11.5...
Forum: Business, Finance, and Investing 07-25-2006, 11:17 PM
Replies: 12
Views: 68
Posted By leto333
Re: New Investor With Small Amount of Money

your posts seem to indicate that you wish to speculate with this money, speculating is not the same as investing. Please clarify.
Forum: Business, Finance, and Investing 07-24-2006, 12:35 AM
Replies: 8
Views: 51
Posted By leto333
Re: **SIFY** Hidden Gem

yea, this is definitely a bad stock, I saw no mention of it on Mad Money, and if it were the real deal, Jim Cramer would have told us!
Forum: Business, Finance, and Investing 07-22-2006, 11:53 PM
Replies: 21
Views: 269
Posted By leto333
Re: just lost 40k

If you mean TA for prediction, then yea, its bs.

But if you mean TA for quantitative analysis of +EV entry and exit points as well as a factor in money and risk management, then I suggest you...
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