Originally posted by acuracing:
long term is the way to go. as a future financial consultant (hopefully) i think that if u want to gamble, go to vegas. haha. but oh well. im only 20 and i have almost 100k in mutual funds and i have a house on top of that. i figure a real good investment you can make today is in real estate. i bought this house last year for ~400k, and now the value is ~650k. gotta love silicon valley. and i have the IS which is a liquid asset. just because youre young doesnt mean you cant have the money like older people have. one thing i dont like is that people judge us by our age, when we are more than competent to make our own decisions. oh well, im lovin life. isnt it grand? now i just have to worry about 26 more units to take before i graduate.
mike
Excuse me but am I reading this wrong. Are you saying you have 24,000 shares of Dell. So what about half a mil and you are driving a cls?Originally posted by geoff:
man oh man. u cannot imagine how hurting i am.
cpwr stock -- down 84%
dell (24K shares) -- down ~50%
nvda -- doing well...been holding since ipo
uti -- doing well
intel -- dogging
amd -- a bit above cost basis
qcom -- doing pretty well
unfortunately, most of my holdings are in cpwr, dell, and intel.
i've averaged my cost basis down, tho, so hopefully its a matter of time.
the close presidential race prolly has a lot to do with it...that and the new energy crunch.
Originally posted by ISFAN:
what the hell do you do over there you. Your in school and have a 600k house and 100k in the bank. I want to send you my resume. I will clean your sh*t for ya![]()
no, you're not reading that wrong. i inherited 13K shares, and purchased the rest.Originally posted by ISFAN:
Excuse me but am I reading this wrong. Are you saying you have 24,000 shares of Dell. So what about half a mil and you are driving a cls?
thanks isfan. that's pretty damn cool of you.Originally posted by ISFAN:
Geoff and Acura,
I am sorry to hear that you received some of your wealth at the loss of a loved one. In all seriousness.
It is great that you both are wise with your fortune.