SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: rgammon who wrote (16962)9/30/2001 4:54:02 PM
From: Jocko_Letrader  Read Replies (1) | Respond to of 18929
 
Robert-

I am referring to companies like NT, JDSU, CSCO, ERICY, LU etc. These companies were very strong in their respective industries, but the demand has changed. My real question is whether or not it is a relatively safe bet to put a good sum of money into these previous powerhouse stocks? It would appear that companies like these would recover as long as one is willing to wait for it to happen.



To: rgammon who wrote (16962)10/1/2001 8:35:24 AM
From: rgammon  Read Replies (1) | Respond to of 18929
 
Well, it now appears that my days as an investment advisor are drawing to a close. My sole client is making serious attempts to regain control. Nope, she is not abandoning AIM. She merely wants to begin to run these AIMs herself. I am pessimistic that she will succeed. Her balance of work and the rest of her life is not correct. Note that she does not have a husband or children to draw her home. The only way that the monthly bills get paid is that they are all authorized to debit her credit cards. Her water bill is over 30 days old (the second bill has arrived), they won't bill her CC for the monthly fee. She recognizes part of the stress she is under, she has taken two vacations this summer to go out west and hike in the national parks (Yosemite and Grand Canyon) in an attempt to regain a bit of balance, but she still has a LONG way to go.

We are have weekly meetings as she attempts to come up to speed with record keeping with AIM. My emphasis will be to establish a routine, once a week, once a month, take 1-2 hours to take care of her total financial picture, including AIM.

I'll miss the little bit of income that this activity has generated for me. I'll have to adjust my savings plan since I had built in the assumption that this income would continue.

While this is an admirable thing that she is doing, down deep I wonder if the real reason is that she no longer sees value in what I am doing for her - i.e. am I really being FIRED???

Robert