mappy Posted April 20, 2011 Share Posted April 20, 2011 yes lucky me I wish my daddy loved me enough to give me a house Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 I wish my daddy loved me enough to give me a house Well He didn't really "give" me it, I owe 200K over 25 years, which is significantly under the worth of the property value admittedly. That'd be f**king ridiculous though Link to comment Share on other sites More sharing options...
Avdave Posted April 20, 2011 Share Posted April 20, 2011 I wish my daddy loved me enough to give me a house H2O is working on it for you as we speak Link to comment Share on other sites More sharing options...
mappy Posted April 20, 2011 Share Posted April 20, 2011 Well He didn't really "give" me it, I owe 200K over 25 years, which is significantly under the worth of the property value admittedly. So you are making payments to your dad on a house that is already paid off? Link to comment Share on other sites More sharing options...
Scuddz Posted April 20, 2011 Share Posted April 20, 2011 already payed off too. I owe 200K over 25 years ??? Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 So you are making payments to your dad on a house that is already paid off? Well he bought a new place in Gaithersburg, and Wouldn't someone normally sell their house even if it was paid off? So I have it easy Link to comment Share on other sites More sharing options...
tacoman25 Posted April 20, 2011 Share Posted April 20, 2011 This thread was much more interesting yesterday. Link to comment Share on other sites More sharing options...
mappy Posted April 20, 2011 Share Posted April 20, 2011 Well he bought a new place in Gaithersburg, and Wouldn't someone normally sell their house even if it was paid off? I'd sell mine for a price. So I have it easy Yes. You are correct. I'm so stupid. Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 Yes. You are correct. I'm so stupid. yeah, you are Link to comment Share on other sites More sharing options...
H2O Posted April 20, 2011 Share Posted April 20, 2011 Something does not compute so i will fall back to the Bboy is making shyt up again meme Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 how can you make mortgage payments, cover utilities, property taxes, food, etc., if you are, by your own admission, unemployed? I have a bunch of emmerson stock I sell, family tradition, stocks have been gifted down the family line. Emmerson has done well since 2008 too, but not sure it will last, Japan Eathquake hurt it a bit. but I'm ok for now Link to comment Share on other sites More sharing options...
H2O Posted April 20, 2011 Share Posted April 20, 2011 8 more pages now Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 Something does not compute so i will fall back to the Bboy is making shyt up again meme what doesn't compute? Ask me anything Link to comment Share on other sites More sharing options...
VAwxman Posted April 20, 2011 Share Posted April 20, 2011 I have a bunch of emmerson stock I sell, family tradition, stocks have been gifted down the family line. Emmerson has done well since 2008 too, but not sure it will last, Japan Eathquake hurt it a bit. but I'm ok for now But it got crushed after 1st half of 2008, so it is essentially flat since start of 2008. Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 But it got crushed after 1st half of 2008, so it is essentially flat since start of 2008. I was more referring to the rebounding after the drop in 08.... thus "since" 2008... more generally I wasn't knowledgable at all regarding my stocks at age 15/16, but if that happened again today, I'd be freakin out Link to comment Share on other sites More sharing options...
The Dude Posted April 20, 2011 Share Posted April 20, 2011 I was more referring to the rebounding after the drop in 08.... thus "since" 2008... more generally I wasn't knowledgable at all regarding my stocks at age 15/16, but if that happened again today, I'd be freakin out Why don't you diversify your investments? Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 Why don't you diversify your investments? Well several things actually 1) I was not informed of the actual amount of stock I had until I turned 18, and that was a very large amount of stock gifted to me, I didn't buy it obviously. The Emerson stock actually is oriented from part of my Family long ago before we sold it (or something a ong time ago that I dont know about), so its passed along in the family. 2) I have some stocks in other companies such as Mcdonalds (lol) that I purchased in August, figuring that people go to places such as that for cheaper food during a recession, thus the stock would increase in value somewhat. 3) Since Emerson has been skyrocketing pretty good for awhile, and I have enough, I haven'tfelt the need to do anything drastic regarding Diversification. Link to comment Share on other sites More sharing options...
The Dude Posted April 20, 2011 Share Posted April 20, 2011 Well several things actually 1) I was not informed of the actual amount of stock I had until I turned 18, and that was a very large amount of stock gifted to me, I didn't buy it obviously. The Emerson stock actually is oriented from part of my Family long ago before we sold it (or something a ong time ago that I dont know about), so its passed along in the family. 2) I have some stocks in other companies such as Mcdonalds (lol) that I purchased in August, figuring that people go to places such as that for cheaper food during a recession, thus the stock would increase in value somewhat. 3) Since Emerson has been skyrocketing pretty good for awhile, and I have enough, I haven'tfelt the need to do anything drastic regarding Diversification. You really should see an investment advisor. Your current strategy sounds extremely risky and unwise. Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 You really should see an investment advisor. Your current strategy sounds extremely risky and unwise. I'm not as knowledgable as you or most adults on how to invest properly, I've basically just used what was available to me in the past 8 months I'm only 18. Do you recommend anyone, specifics, etc? Link to comment Share on other sites More sharing options...
A-L-E-K Posted April 20, 2011 Share Posted April 20, 2011 wow, paying off a 30yr mortgage by selling off a single large stock holding is one of the more ridiculous financial plans i've come across. Makes Mdecoy look like Suze Orman. Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 wow, paying off a 30yr mortgage by selling off a single large stock holding is one of the more ridiculous financial plans i've come across. Makes Mdecoy look like Suze Orman. Thats not at all what happened. If you go back and read, you'd find that out. Link to comment Share on other sites More sharing options...
Ed Lizard Posted April 20, 2011 Share Posted April 20, 2011 Good, I didn't feel qualified to contribute to a global warming thread, but I have an IRA, plus life insurance. Link to comment Share on other sites More sharing options...
The Dude Posted April 20, 2011 Share Posted April 20, 2011 I'm not as knowledgable as you or most adults on how to invest properly, I've basically just used what was available to me in the past 8 months I'm only 18. Do you recommend anyone, specifics, etc? Go find a copy of Washington Checkbook or the Washingtonian and look up the top ranked financial advisors. Interview a couple and find one that you like. They'll cost a bit of money, but it's a no-brainer for someone like you who is still learning about investing. I've used these folks: http://www.moneyplans.com/about.htm on occasion, and have been very pleased. I know we all joke around on here, but please heed this advice. You sound like you are on the brink of making some real bad financial decisions that you will regret for the rest of your life. Link to comment Share on other sites More sharing options...
k*** Posted April 20, 2011 Share Posted April 20, 2011 2) I have some stocks in other companies such as Mcdonalds (lol) that I purchased in August, figuring that people go to places such as that for cheaper food during a recession, thus the stock would increase in value somewhat. ladies and gentlemen, the next gordon gekko! Link to comment Share on other sites More sharing options...
A-L-E-K Posted April 20, 2011 Share Posted April 20, 2011 listen to the dude Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 Go find a copy of Washington Checkbook or the Washingtonian and look up the top ranked financial advisors. Interview a couple and find one that you like. They'll cost a bit of money, but it's a no-brainer for someone like you who is still learning about investing. I've used these folks: http://www.moneyplans.com/about.htm on occasion, and have been very pleased. I know we all joke around on here, but please heed this advice. You sound like you are on the brink of making some real bad financial decisions that you will regret for the rest of your life. I will do just that. You're actually not the first one to tell me this. Sometimes I'm not very motivated. Link to comment Share on other sites More sharing options...
mappy Posted April 20, 2011 Share Posted April 20, 2011 Can we get back to the AGW theory please? Link to comment Share on other sites More sharing options...
WeatherRusty Posted April 20, 2011 Share Posted April 20, 2011 Can we get back to the AGW theory please? This is just another failed attempt to cast doubt on the existence of Earth's greenhouse effect, which is central to AGW. It was not the first attempt and it won't be the last. The denial/doubt machine will never give up on continued attacks on science and the public perceptional of that science. Link to comment Share on other sites More sharing options...
The Dude Posted April 20, 2011 Share Posted April 20, 2011 I will do just that. You're actually not the first one to tell me this. Sometimes I'm not very motivated. Excellent. You noted earlier that you're not employed right now, and don't have much to do. I would make this priority #1. You have been very fortunate to be given substantial resources by your parents. If you are smart about managing those resources, you will be able to put yourself in a position to have a lot of options down the road. If you aren't smart about it, you are likely to be sitting around at age 30, working your ass off, wondering why you squandered such a great head start. Link to comment Share on other sites More sharing options...
BethesdaWX Posted April 20, 2011 Author Share Posted April 20, 2011 This is just another failed attempt to cast doubt on the existence of Earth's greenhouse effect, which is central to AGW. It was not the first attempt and it won't be the last. The denial/doubt machine will never give up on continued attacks on science and the public perceptional of that science. whaaa? Link to comment Share on other sites More sharing options...
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