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Strategies & Market Trends : Rande Is . . . HOME
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To: ~digs who wrote (7411)5/22/1999 11:05:00 AM
From: Rande Is  Read Replies (2) of 57584
 
Protege,

Thanks for sharing your life with the thread. Hearing of your unfortunate losses from buying non-reporting OTC stocks last year is encouragement to me to 'stick to my guns' with those that come around touting this stock or that. There are those here that have not learned their lesson as well as you have.

Glad to hear about the employment situation near you. . . perhaps when you have made a fortune by working your way up the ladder and working one or two jobs on the side as well [you ARE just 21. . you can handle it]. . .then you could reach a point where you have 'surplus' money [does that really exist?] that could be once again used to fund your investments. . . note I said investments and not gambles.

Forget the really risky plays. . . .if I was in your situation, I would be trying to find that one 'sure thing' rock solid NASDAQ that could one day make it big. I would throw a little money at PLCOP in hopes that the pfd catches up near its value. . .with any dough I still had in an account. . .then I'd play the best undervalued pick I could find and just wait it out.

You are getting quite an education in a number of ways. . . we have all paid dues to some extent and are learning daily. I am totally confident that your discipline in soaking up knowledge will be your best asset in helping you to make the big decisions that will assist you most long term. Much of what we learn here can be applied to other disciplines. Picking a job? Be sure to do your DD first. . .find out where your company has been and where it is headed. You'd be surprised how few DD their own company.

Anyway, we are all behind you in your quest. . .and will offer whatever wisdom is needed to navigate life's bumpy roads. There will be more accommodation for such discussion later in the year.

Best wises in all your endeavors.

Rande Is
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