what do you do for a living?
#76
#77
Out Of Control!!
Joined: Jun 2008
Posts: 10,557
Likes: 18
From: Earth
Porsche Macan S SportDesign / Ex M-B's: 11 & 10 & 06 E350's, 02 S500
I'm not a fan of shorting for my personal style as it's far too tense/on-edge. Going exclusively Long although potentially less rewarding as you only make money on one side and need a lot of cash to take advantage of dip buying if the market keeps going down, is of course less risky.
As far as tapering, my theory is that it's more than anything the medias darling beating drum to keep control of market movements (aside from doing what it intended, boosting the hell out of the stock market when it needed it, fundamental pro's/cons aside). Even if there was a near term taper, the market would see a selloff and would eventually (sooner than later, IMO) prop itself up and stand on its own legs. Of course, good stocks go up, bad ones go down, and aside from the pace of it, that'll never change.
Last edited by K-A; 11-08-2013 at 08:05 AM.
#78
age 48 and former i-banker.
managed hedge fund for past 12 yrs, incl private companies and investing in other hedge funds.
business degree and also MBA/Masters in manufacturing from top b-school.
i'm cheap - my car goals are buying them below $25k, and enjoy them for as little money as possible.
check out my stable - only car paid over $25k was actually our 2012 Odyssey, lol
PL
managed hedge fund for past 12 yrs, incl private companies and investing in other hedge funds.
business degree and also MBA/Masters in manufacturing from top b-school.
i'm cheap - my car goals are buying them below $25k, and enjoy them for as little money as possible.
check out my stable - only car paid over $25k was actually our 2012 Odyssey, lol
PL
#80
#81
Super Member
Joined: Apr 2011
Posts: 998
Likes: 4
From: Central Connecticut
86 190D (Exported to the Nerderlands), 87 300TD (Sold), 82 Ford F150 3spd, 99 E300D (RIP), 02 E55
age 48 and former i-banker.
managed hedge fund for past 12 yrs, incl private companies and investing in other hedge funds.
business degree and also MBA/Masters in manufacturing from top b-school.
i'm cheap - my car goals are buying them below $25k, and enjoy them for as little money as possible.
check out my stable - only car paid over $25k was actually our 2012 Odyssey, lol
PL
managed hedge fund for past 12 yrs, incl private companies and investing in other hedge funds.
business degree and also MBA/Masters in manufacturing from top b-school.
i'm cheap - my car goals are buying them below $25k, and enjoy them for as little money as possible.
check out my stable - only car paid over $25k was actually our 2012 Odyssey, lol
PL
I had never paid more then $15k for a car. All the MBs I owned, I buy them cash. My current E55 which is the only gasoline engine MB I had ever own, got it thru the insurance pay out due to the accident I had on my 99 E300. I think I will not be so lucky for my next car as I am eyeing the W212 E63 which I hope in a year or so, will come down to $25k. I should not have bought the E55 and stick with the diesels...now I am hook on AMGs
Last edited by snooozie; 03-28-2014 at 12:44 PM.
#82
Super Member
Joined: Apr 2011
Posts: 998
Likes: 4
From: Central Connecticut
86 190D (Exported to the Nerderlands), 87 300TD (Sold), 82 Ford F150 3spd, 99 E300D (RIP), 02 E55
Well of course, AAPL has been a different story all year (i.e while the market went up, it got crushed). I was unfortunately on the Long side of that trade, lol. Though I'm pretty confident it'll see new highs come 2014. And even then, supply/demand can flip on a dime when an announcement is made, etc. Masochists who've shorted those high-short-float stocks like TSLA all year have been in many cases literally put out of business.
I'm not a fan of shorting for my personal style as it's far too tense/on-edge. Going exclusively Long although potentially less rewarding as you only make money on one side and need a lot of cash to take advantage of dip buying if the market keeps going down, is of course less risky.
As far as tapering, my theory is that it's more than anything the medias darling beating drum to keep control of market movements (aside from doing what it intended, boosting the hell out of the stock market when it needed it, fundamental pro's/cons aside). Even if there was a near term taper, the market would see a selloff and would eventually (sooner than later, IMO) prop itself up and stand on its own legs. Of course, good stocks go up, bad ones go down, and aside from the pace of it, that'll never change.
I'm not a fan of shorting for my personal style as it's far too tense/on-edge. Going exclusively Long although potentially less rewarding as you only make money on one side and need a lot of cash to take advantage of dip buying if the market keeps going down, is of course less risky.
As far as tapering, my theory is that it's more than anything the medias darling beating drum to keep control of market movements (aside from doing what it intended, boosting the hell out of the stock market when it needed it, fundamental pro's/cons aside). Even if there was a near term taper, the market would see a selloff and would eventually (sooner than later, IMO) prop itself up and stand on its own legs. Of course, good stocks go up, bad ones go down, and aside from the pace of it, that'll never change.
Word of advise, which I don't always preach what I say but force myself to....use STOP LIMIT!!! Save you a lot of headache and "should have", "could have" and "if" later
#84
MBWorld Fanatic!
Joined: May 2006
Posts: 1,250
Likes: 221
From: Virginia
W212 M276 DELA 30 ; W211 OM642 ; R107 M117, Sierra 1500 LZ0
30 year old traveling consultant for a large software/hardware company. Previously a defense contractor. Focus is in network security. Owned my bluetec since May 2010 and beginning the year long search for a replacement.
#90
#92
Yeah, I might be under-selling that. Might be under-selling my excitement as well, since I'm genuinely losing sleep while waiting for delivery.
Will be stepping down in horsepower from a 425hp 300C SRT8, but I'm more than ready to enjoy a more refined vehicle on a daily basis. I'm also thrilled to see such an active forum base. That was one of the things I enjoyed a lot during the two 300Cs I owned, and not all vehicles have such enthusiastic owners. Nice to see it here.
Will be stepping down in horsepower from a 425hp 300C SRT8, but I'm more than ready to enjoy a more refined vehicle on a daily basis. I'm also thrilled to see such an active forum base. That was one of the things I enjoyed a lot during the two 300Cs I owned, and not all vehicles have such enthusiastic owners. Nice to see it here.
#94
MBWorld Fanatic!
Joined: May 2006
Posts: 1,250
Likes: 221
From: Virginia
W212 M276 DELA 30 ; W211 OM642 ; R107 M117, Sierra 1500 LZ0
Yeah, I might be under-selling that. Might be under-selling my excitement as well, since I'm genuinely losing sleep while waiting for delivery.
Will be stepping down in horsepower from a 425hp 300C SRT8, but I'm more than ready to enjoy a more refined vehicle on a daily basis. I'm also thrilled to see such an active forum base. That was one of the things I enjoyed a lot during the two 300Cs I owned, and not all vehicles have such enthusiastic owners. Nice to see it here.
Will be stepping down in horsepower from a 425hp 300C SRT8, but I'm more than ready to enjoy a more refined vehicle on a daily basis. I'm also thrilled to see such an active forum base. That was one of the things I enjoyed a lot during the two 300Cs I owned, and not all vehicles have such enthusiastic owners. Nice to see it here.
#95
#96
41, work for the 3D CAD software company SOLIDWORKS. Our software is used to design just about anything. Our parent company Dassault Systemes makes CATIA which is used by many aircraft, automotive, and ship companies. It's also used by McLaren Mercedes to design their F1 race cars!
It's a great company to work for and it's always great to see the products our customers make with our tools. I'm guessing there are a few SOLIDWORKS user on this site.
It's a great company to work for and it's always great to see the products our customers make with our tools. I'm guessing there are a few SOLIDWORKS user on this site.
#97
#98
#100
Super Member
Joined: Apr 2011
Posts: 998
Likes: 4
From: Central Connecticut
86 190D (Exported to the Nerderlands), 87 300TD (Sold), 82 Ford F150 3spd, 99 E300D (RIP), 02 E55
That's true for the established ones. The dentist I went to has 10 dental hygienist working for him and the place is book three months out!! On the other hand I know a girl friend who graduate from dental school having a hard time looking for work....if you are well connected, or family wealth, I guess that shouldn't be a problem....