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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jerome who wrote (5879)6/11/2018 12:45:54 PM
From: richardred  Respond to of 27028
 
Being close to your family & friends is key IMO.



To: Jerome who wrote (5879)6/11/2018 1:34:25 PM
From: robert b furman5 Recommendations

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Jerome
Kirk ©

  Respond to of 27028
 
Hi Jerome,

Absolutely on the money.

Depression is a part of the problem - but it crosses more than just the rich - perhaps even more the poor.

I think with the rich - there are other pressures.

Athletes age and injury happens, along with a sad but always present use of drugs.

One time successful people who fall out of grace or can not duplicate their success and /or lose the one time windfall.

Helping others is one of the marks of not just a wealthy person, but a successful person.

When you take your wealth and provide jobs and training to others - and you see them grow and mutually add to the collective success - it is most rewarding.

I lived off of that reward as I trained and gave a financial opportunity to two of my younger star performers who became dealers with my financial participation in their endeavors.

I found it very hard to purge myself of that reward as I entered into retirement and they began plans to sell out in preparation of their retirement.

Retirement has its own issues of deciding what it is you want to do with the latter years of your own life.

Many retire to get out of a non-rewarding work environment.

The lucky few retire to pursue their second passion.

I've marveled at how much I enjoy watching markets and investing. While I ran my dealership ,I was always pressed for time and could not watch my investments as I wanted.

I guess that was my second passion.

I have my old chevrolet collection to finish off and the building of my shop is all but complete.

I love huntinig fishing and gardening.

I came home to where I grew up tp do those tasks and many ask me why I don't travel.

Heck while running my dealership I was on the road 2-3 days of each week buying used vehicles - I'm tired of traveling.


We are what we were when - each of us had different life styles.

There is no doubt that as one lies on their death bed - the love and nurturing you gave others is part of that"getting ready to meet your maker"and make "peace with yourself".

Don't want to get too emotional here, but my mother's death occurred last June 12th. We had her transported to a very nice hospice here in Sheboygan County.

I volunteered to make the disclosure to my Mom that we have taken her to a hospice which is a final place to die.

I thought that was a tough task and my sister was relieved to hear me volunteer to do it.

As I told my Mom where she was - she gave me her last great gift. As I told her it was time for her to prepare to meet her maker, her reply was instant and without hesitation : I don't need that, I'm not scared , I've lived a good life.

I didn't really understand the power of her instant reply till days later as I thought how wonderful that gift had been.

My Mom showed me not to fear death - but to be ready for it with self contentment and confidence that you have lived helping and not harming others.

That is what is tough to do - to have been so decent that even you (your own worst critic I suspect) can confidently say : I've lived well.

For those who commit suicide - they have been far off in the quality of life aspect.

I do NOT understand that thought process - I just can NOT get there!

I've been blessed by having good / great parents.

My Dad (3 days from being 85) died in 2002 as I held his arms. He fought for every breath as he wanted life and more of it.

15 years and 3 months to the day my mother died (98.1/2 years old), and she showed me how harsh long age can be on a person. She lost most all of what we take for granted,good mobility hearing eyesight.

Both parents showed no fear as death was very near.

To me that is quite a lesson of how one lives out the remainder of their days - regardless of what age one dies at.

I've been very lucky to have loving parents who showed me how to live lovingly and treat people correctly and then when it comes to the end of life be ready for it without fear.

Both of those lessons were perhaps the greatest gift about life anyone could wish for.

I'm very blessed to have been given both.

If someone is contemplating suicide they need help and love. Life is the greatest gift and money after a certain level has nothing to do with it, other than be a burden and be responsible for it.

Took quite a while to get that way - my Dad told me that while I was in college and I darn sure didn't get it - but I did remember it.

Please excuse the rant - but you touched a wonderful memory worth confirming your view!

Bob



To: Jerome who wrote (5879)6/13/2018 2:48:54 PM
From: Kirk ©  Read Replies (1) | Respond to of 27028
 
Biotech update:

I am holding my Biotech fund that I've been trading around a core position in my IRA even after hitting the top of the trading range and a gain in excess of 10% in just two months.

This AM, one of my micro cap bios in the newsletter just missed filling a buy limit order by 2 cents before turning up nicely but remains below my other buy since taking profits about 90% higher... volatile sector!

Here is my last update:

That biotech buy is working out well. Message # 116752 from Kirk © at 4/10204/18/2018 12:24:14 PMKirk ©


and Message 31565354

Note we've traveled from the bottom to the the top in just two months for the large caps!

While many of the small caps are barely treading water .... Interesting split in bios... the large ones in the indexes are pushing a breakout while some of the tiny ones I follow are way down at support levels.

Here is an update of my XBI chart: I'm trading a fund in my IRA that matches XBI well but has no commissions... every $5 helps.



I haven't put a fund or ETF for bios in the newsletter but I am considering it as I seem to be doing better with trading the fund than the tiny stocks with my own money....