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Non-Tech : The Critical Investing Workshop

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To: freeus who wrote (19643)5/21/2000 7:34:00 PM
From: IngotWeTrust  Read Replies (1) of 35685
 
Girlfriend, can we talk? <----in my best Joan Collins voice.<g>

I have some time and have been thinking about my response as you have been thinking about your answers.

First, I'll deal with you "why didn't I ask you "why you didn't heed said advice." And I'm going to be both my intuitive best as well as my logical best as best I can for a spell, okay?

First of all, to ask someone why she didn't heed expensive and prepaid advice seemed to be impertinent and uncaring; I feel neither toward you. Secondly, you'd already been wrasslin' (wrestling for the English major types) with that question and me asking it wouldn't help, a'tall!

Now, first of all, you need to understand you've got another Music Major talkin' to ya'here...ayup, majored in Choral Arranging and Conducting and have held my share of church music ministry paid positions over the intervening years. But that is neither here nor there, just trying to establish some commonality with your SI profile. I gave all that up for the easy living life of owning my own goldmines and panning/sluicing for the rest of my natural years whenever the urge strikes me. Furthermore, I constantly have a gold recycling operation ongoing anytime I want to jingle the cash register for more "capital infusion," which is funnest, b/c I find/recover it for about $20 per oz or less and sell it for over $800 an oz in regular small doses. Don't regret the decision to now "whistle" while I work instead of weekly performances, solo work with symphony orchestras and the clinched pencil 'tween the teeth on a hard bench staring at blank manuscript paper.<g>

The laptop, cell phone, satellite dish life is the one for me. Portfolio mgmt fits into my lifestyle quite nicely.

Now, back to your two answers and my thoughts, ok? You wrote that you were uneasy about your 400% profits..., and therefore, due to your uneasiness, purchased this advisory service, which by extrapolation then must mean:
1) you wanted company (your hand held?) at the lofty pinnacle of success
2) you thought/heard/felt that THIS particular service would ring the bell at the top.

If it makes you feel any better, most of us have this need for reassurance with our first brush with tremendous financial return on original investment. I remember it with my first stock that ran from 14c to 85c (ended up topping at $3+/- WOW! The second time it was with a stock that ran from 25c to $2.35 and proceded to 4.85 w/out me. Then I moved to the MUs and the USRX, UNPH, MSFT, HGSI, and a few others, including the famous BRE-X, purchased @ $105 and sold out at $224 just before it was declared a scam...now THAT was my scariest one. Each time, I can testify to feeling the need for reassurance when I hit the nosebleed zone.

Finally I read and HEARD with my heart ears someone who wrote: "You've got to sell it to 'em when they are clamoring for your shares if you want to hang onto your proceeds." TRANSLATION: SELL INTO RALLIES! Hmmm. Sounded logical, but much harder to do. And the hardest part is NOT looking for the next week 10 days at "money left on the table."

This whole phenom, Freeus, sent me on the search for my personal answers as to what constitutes a "sell signal" or satisfies my "enuf is enuf" and thereby disciplines my greed. In fact, meeting that greed monster within and taming it is probably one of the harder lessons in life.

One of the reasons why is this is such a hard lesson is that when we are miserable, we can always find someone to be kind to us who knows what miserable feels like and can identify. But, have you ever tried to find someone who A) knows what greed meeting feels like? B) will admit to battling with it? C) Can be truly happy for you that you snagged (and banked?) that gooder gain? D) Not be envious or jealous of your good fortune?

For some reason life doesn't provide the backslappers as easily as the mourners and comforters show up. Strange, eh?
And yet the Good Book is FULL of "REJOICE with those who REJOICE." Well, I wish to REJOICE with you for last year's good fortune for which YOU STILL have a portion in your possession, even if it hasn't been "banked" yet by selling decisions.

Furthermore, most of us in our "boomer years" are progeny of Depression parents, where there wasn't EVER enough, and upon whose financial achievements and property acquisition our foray into the world of finance has been built. There is no "environment of success" and yardsticks of "enuf is enuf" in our "upbringing" to prepare us for our successes, let alone teach us how to hang onto them.

And I feel that there are MANY friends of yours on this here porch who will clap for you and Rejoice Loudly. The 'net has increased our chance to find folks who are less jealous from where I sit, and that is good. Especially when it is we gals who are the ones being successful. It seems that a rare breed of male hangs out here on the porch. HURRAY!!! May their non-competitive soul numbers increase, at least in the larger world, if not here on the porch a/w.

Now, lest you think I've strayed to far afield, let me jerk myself back to tying this into the why you selected this service for reassurance and bell-ringing. Sometimes when we are NOT clear as to why we buy something, in this case a svc, we are not able/empowered/skillfully brought along at our learning speed by said advisor(s), to benefit from the information flooding back our way from same! In the Parable of the Sower, we are seed in the hardpan alongside the path..the shoulder of the road, the place where overflow footprints have to go. When we "sprout"/get planted there, we have shallow roots from either environment modeling, or life experience to help us absorb the information/water pouring back on us. As the result, we are NOT able to absorb what we hear or read, and our successfully sprouted seed gets drowned out or toppled over from the improper ratio of as above/so below with our shallow experiential root systems.

I hope this is making sense and is helpful.

If you would like, in the next response, totally up to you, I'll share my response and suggestions to your second answer which was "their reasons to get out were clear."

Maybe they weren't as clear now that you've had a chance to review in hindsight..??..?? You are both an intelligent woman as well as an intuitive one. I can't imagine for a moment that you would have clearly disregarded anything logically presented to you in an A)B)C) fashion because you were LOOKING for said information when you subscribed to them.

If you like, let's explore some of the "missing ABC's" and how to either locate your own, or re-discover theirs, or something so that you can get a handle on your current conundrum which seems to be causing you much financial restlessness and itch to "do something"

Your comments?

All the best!
O/49r
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