Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (1994)	12/20/1997 10:12:00 AM
From: steve goldman	Read Replies (1) \| Respond to of 12617

I just wanted to wish everyone a Happy Holiday season and Happy New Years! I am leaving for vacation tommorrow morning for a week. Headed to St. Thomas. The wifey and I go there every year because it is incredibly laid back and the weather is wonderful. A very affordable, Americanized Virgin Island. Great stuff! A couple of notes: 1. We regularly send out email newsletters and market commentaries. If you would like to get on the list, simply drop us an email with the word Subscribe in the subject (send it to info@yamner.com). To remove yourself, simply send one with the word Remove in the subject. 2. We are proud to announce the introduction of our "Trading Desk Part II" Discussion Forum-Chat Site. While we have informally hosted discussion forums on several other financial sites, we will further our commitment to investor education by hosting our own Discussion Forum and Chat site. The Discussion Forum will offer a real- time chat site hosted by our professional traders and other investment professionals. You can register for the chat site by visiting our website at www.yamner.com/tdesk.htm. Sessions will begin after New Years yet registration is currently open. The site will offer several forums. One will be a Daily Market Chat that will discuss market action, market operations, trading mechanics, etc. Our traders will host the daily sessions each trading day. We will be hosting a weekly Market Wrap session as well as other professionally hosted sessions. We have arranged for accountants, CEOs and other industry professionals to host various topic discussions. As well, we have a War Room for Clients-Only where clients can have ongoing discussions with our traders and executives when available. We hope you take the time to join us! 3.Introduction of Yamner & Co., Inc.'s Financial Website Data Package - Furthering our commitment to servicing the financial community, we have recently upgraded the financial data package offered for free on our website, yamner.com. Expanded services include: - Enhanced quote services for stocks, bonds and options; - Economic calendars; - Intra-day charting - Inc.Link and other fundamental analysis including financial rations, market and industry analysis. - Portfolio Tracker allows you to track as many as 10 portfolios and up to 400 stocks. The updated service now allows you to track your cost basis and your performance. You can set Portfolio Tracker to email you the portfolios at the intervals you desire. Your electronic updates will include any news items relating to the assets in your portfolio. This new free service keeps you in touch with the markets on your schedule, with no hassle. - New Year's Resolutions for 1998 - 1. Strongly consider taking tax losses to offset your capital gains. There are few reasons to pay the IRS gains on one investment when the gains can be offset by losses on another. There are certain restrictions regarding the time period in which you can not repurchase the stock as well as other tax laws that might improve your performance. Managing your tax burden with investment strategies can significantly increase your portfolio performance. Please speak to an account regarding your specific circumstances. 2. Speak to your account executive or accountant about the suitability of Roth IRAs and Education IRAs. These newly created brokerage accounts offer significant tax advantages for many investors. 3. Re-evaluate your portfolio more regularly. Do not let short-term market volatility distort your long-term plan. Recent volatility has shaven excesses from the market as well as created wonderful longer-term investment opportunities. Remember to keep your expectations realistic and your decisions well considered. The returns in the market over the past few years were fantastic for involved investors but can not be expected to continue. 4. Be sure your assets are properly allocated. Remember to consider each account you have as piece of the overall picture. Consider consolidating your assets with one or two firms. This makes asset management an easier task and helps you develop stronger relationships with your broker. Yamner & Co., Inc. offers virtually every type of investment security and makes managing your assets a less burdensome event. 5. Establish a disciplined program of consistent investing. A regular investment program is a long- term project. It can help reduce market timing risk. 6. Evaluate poor investment decisions and look to correct your judgement. Intensely scrutinize your holdings and ensure that the companies or funds you own are in-line with your long-term objectives. In a raging bull market, many investors were content with their stocks as they simply moved higher. The recent volatility as well as the markets' inability to embrace under-performing companies, demands your scrutinizing your portfolio regularly. 7. Contribute to your IRA for 1997 (if you have not already done so) and make your 1998 contribution early. IRA contributions for 1997 can be made until April 15th 1998. Take advantage of favorable tax treatment as soon as possible. 8. Commit to a regular investment savings plan. Set aside a fixed amount from each paycheck you receive and do not breach your commitment. Contribute holiday gift money or any salary bonuses to your long term investments rather than short-lived excesses. 9. Search the World Wide Web for new investment resources. There is an enormous amount of information available on the web, and much of it is free. New information becomes available every day. Nonetheless, scrutinize each and every thing you encounter for accuracy. 10. Take care of yourself and your family. Be a better person and family member. Remember to tell your husband, wives, children, mothers and fathers how much you love. Money is nothing if you don't have loved ones to share it with. I hope everyone has a great holiday. Best wishes for a truly successful 1998! If you do hear from me over the next week, then its confirmed, I am truly a web-internet loser. I usually try to do no trading and no posting when I am away, but as any long term followers will know, I usually can't resist. Best Wishes Steve Goldman Yamner & Co., Inc. steve@yamner.com