December 20, 2005
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How do daytraders leave the house? I sat here all morning waiting for the flippin’ stock to go back up because Nelson said I could sell just enough to provide income so as to balance the realized gain. Finally, because we’d had a snow and ice storm here yesterday, and I never got to the store, I made a run for it, knowing I could get back just before the bell at 1:00. I got here at 12:45, and in the hour I was gone the stock jumped back up and had just come down the minute I walked through the door. It made me sick how much money I lost but I was afraid to wait another day for fear it wouldn’t go back up again. Had I sold it while I was sitting in Nelson’s office ( it shot up in the time it took me to drive over there ) I wouldn’t have had to part with as many shares.
Like brendaclews suggested, I called my ex for advice. He politely said I was in a house that was too big and when pressed said the tax guy probably shouldn’t be the final say as to how much of the house I pay off. Nor should my broker, who just wants to keep my money. My ex said I should sell a little at a time, which I took to mean just like I’m doing, selling what I can afford to claim. I can’t figure it out, I don’t hear any animosity in his voice anymore. One day it just left.
Comments (19)
I could never do the daytrader thing. It’s hard enough not checking email constantly! And my Google AdSense income. There’s a little plug in that will keep my daily earnings in the browser bar.
Interesting about the ex and the advice. My ex asks me for web site advice. It’s weird. But I don’t mind helping him. I figure it’s in everyone’s best interest to have him successful so if I have any ideas, I give them. It’s only irritating when he then turns around does something that really ticks me off and can’t understand why I’m not up for helping anymore.
ryc: you’re fine!
Good morning, Prudy, thank you for your comment and thank you for letting me subscribe. You have nice colors here. You have green for the print, which I guess is good luck for the making of money, which for those of us Xanga site owners who are no longer high school students, is symbolic for putting food on the table and clothes on somebody’s back.
You look very attractive in your profile picture if you don’t mind my saying so. Do you have freckles? There is a sparkle in your eyes.
That’s a nice leather jacket. Looks like good Italian leather, more Tony Iommi than Johnny Ramone…
I am not into stock. We own real estate which is our main investment. I am vested in the defined contribution pension plan at work, and my balance exceeds the amount that we owe on our mortgage in the place which we currently occupy…a place that I would like to sell someday when the youngsters are finished with H.S. (one is in 8th grade and one in 6th grade right now.) We own the place downtown, lock, stock and barrel and it’s a 2 bedroom. Who the hell needs stock? Most of what is in my sons’ portfolios is in treasury notes, zero coupon bonds, Fannie Maes, utility and bank CD’s and bonds, and the like. No dotcom stocks. No Merck. I am aware of Merck. My grandmother or my mother or somebody must have given me some and it was a fiasco.
I had a grandfather on one side who was big on stock market lectures. It was a big turnoff. He also played golf. I don’t play golf. My wife is Chinese so she looks great in black, and I think she knows how to play ping-pong. She was born in 1955. She is from Beijing and remembers different events of the Cultural Revolution with great clarity, such as a classroom in her elementary school being converted into a jail for one of the teachers whom the Red Guards were persecuting.
TTYL. Randy
Watching stock is excrutiating. I feel your pain.
And about the guns. Eh, I was raised around them, and have thought for a long time about how I would like to own them (but hadn’t). Now that Boy is all grown up and we have a large heavy gun safe I figured why not. So I went to the best source on how to teach me (brother) and now all I can think about is shooting skeet. It is more fun than I thought. And very much a release…like my running. That was the bonus surprise.
that had to be very painful- watching it inch up and then fall again when you returned… ugh. the nicest thing is the last part- very very nice! and a gift too!
ps. if your site had been highjacked, you would have known it instantly!!! trust me on that!
Randy seems lovely, first of all. Day-trading sounds exciting but like it would give 23-year-old me a heart attack. I’m glad the ex’s animosity is gone. Sometimes people just wake up and stop feeling it. RYC: I’ll be hunting around for the friends you mentioned. I’m in a good place, and the list of people I subscribe to has been growing every day recently. Thanks!
Update: I subscribed to both and am very happy. Thanks.
I could never be a day trader. It would make me insane. I would carry the lap top into the bathroom with me.
Oh this is so frustrating feeling the ups and downs with you. I let my broker handle it and I know I shouldn’t but Day Trading is a very dangerous route to take.
RYC: Carry is a wonderful dog who is very smart and the sweetest disposition too. She always goes on the walks with me at the ranch so she realllly likes me..marilyn
I don’t know a damn thing about stocks. But I believe that you and the ex are becoming the friends you should have always been.
how much start-up cash is involved when one wants to invest?
I have a bit of stashed $$$$$ (mostly in “safe” CDs) that I’m sure can be parlayed into quire a bit more…
At some point we all move on. We forget what made us angry or made us hate and we get tired of being tired.
I can remember all the horrible crap my ex put me through, but today, there is no anger in me towards him…I’m sure it’s much the same with yall now.
You go with your instincts girl you know what to do. Judi
this is good right? No animosity or does it make you more wary… I am no help, we sold most of ours last year and took the loss…
Not sure how you can pull off the daytrader thing, and it sounds like you know a lot more about real estate than I do.
i can talk about exes. I am in a 12-step program and one step requires you to make amends with anyone whom you may have harmed. For years I thought *I* was the harmed party, but when I finally offered my apologies, he did a 180 on me and admitted it was all his fault. We parted as friends and have been so every since. We even went to each other’s weddings.
Lynn
Woman, I want to buy you a house! Thank you so much. I’m printing out your comments. I won’t be so verbose next time. It’s kind of greedy. But you are absolutely wonderful to take the time and care. Thank you again.
thank you for your comments.they helped re:my dau..thanks
I sure do wish there was a way to put a clause into the divorce agreement saying he bears some responsibility towards the portfolio you took in lieu of alimony… now, me, I didn’t get a thing, but I was free, and sometimes freedom is everything. xo
thank you and yes i was the one
johnny in south carolina