Ron, thanks for your story on your investing technique. My second son, and first son for that matter, have had very good luck managing their investments online - through e-trade. Second son, an engineer in the aircraft maintenance business, is almost as good as his uncle in researching and sticking with his investments, including the options trading. But when one is in his thirties, nothing is really that difficult to comprehend!
My brother, with over 40 years in the business(stocks - research- money management), has been my financial advisor for many years - and without him, with my poor discipline, I would still be working today to recoup massive losses. But, for instance, it's days likke today, that I understand why he has me invested in MOB, XoN, and CHV. Two of those were his picks, years ago, and xon was mine. I recently, after a year or so, convinced him to get me into DCX - particularly after I used my trading account to get into it on my own. Good call, and long term to be inherited by my children. I use my nephew, a retail broker, to play with my trading account and although I pay somewhat more for the convenience, it has been especially good to have a personal contact, especially on fast in/out trades.
Anyhow, good to hear from you, and I hope you are enjoying some of the mild weather up in your neck of the woods. Here in Miami, it is still like summer - water in Biscayne Bay is clear, and swimming ahd boating keeping me busy this weekend.
Best Regards,
UT |
