Is rally.......

Quote
SeanP
This. We paid off our 30 year note in 8 this past summer. Next up is to put up a solar array. Then I can pretty much work at walmart and afford the property tax, food, utilities and insurance.

I was able to take a job at 1/3 of my pay due to not having a mortgage to pay. Though it is by no means due to me paying anything off early but rather getting lucky with a smart now fiance.

Quote
john vanlandingham

Geebus, with all that stocks and investments you'd think you'd have a nicer rally car, something that handles.
Like a Volvo 240 turbo with a real trans and real brakes and an axle with some final drive that is for acceleration instead of Em Pea Geee.

I think you misinterpreted my post. my stocks and investments total up to fuck-all in the grand scheme of things. But even if I had more $$, I would still be in my POS Neon.

Jon, do you have a built 240 that's ready to rally with spares for sale? If so, post it up.

Pay off your house. (D'uh)

Even if your mortage rate is 5% , are you Guaranteed to make 5% anywhere? its really just about that simple. You still get about a 6K standard deduction or 12K if married. I hope you are not paying that much in interest every year...

Unless you are in a situation where your house is worth a lot more then you owe (in which case you should walk away from it) and use that 90K as a down payment on your next house.

otherwise you are looking at money market / CDs for like what 2%? or Invest in stocks or commodities, but then you have no guarantee.

no house payment should free up "disposable income" to go rallying with If shit hits the fan, there's always some minimum wage job that will keep you alive and feed.

Quote
Wannabe
Hey Max, people think I'm much older than I am so we're even. I've been in your shoes but in a different way, I'll send you a PM with a few thoughts from what I've learned on the topic.

JVL couldn't be more right with his comments on the risk side of investments.

Here's my idea of risk these days, for my fellow Washingtonians and Seattleites, lovers or haters of Microsoft, to the RA author of the original thread "The internet is a scary place"

It's been a wild ride for a couple of years but here's one worth watching.

Realizing this is not a stock tip forum I'll keep this short. It's complicated but worth the research.

VHC

I’ve been waiting for just the right opportunity to use this little guy….

I sure hope some of you knuckleheads listened to me back when I first posted 6 months ago.

Worth reading through the entire article!

http://seekingalpha.com/article/554911-virnetx-prevails-over-apple?source=yahoo

For those who bought, some news from today:
http://wallstcheatsheet.com/stocks/virnetx-receiving-apple-code-and-4-stock-analyses-not-to-miss.html/?ref=YF


For those interested in more:
http://www.investorvillage.com


Up 10% today that's all I know

Or you could just put your cash into an S&P index fund. Statistically nobody outperforms the market in the long term and it's too much boring work picking stocks.



Edited 1 time(s). Last edit at 07/13/2012 03:11PM by Nubby.

Quote
Nubby
Or you could just put your cash into an S&P index fund. Statistically nobody outperforms the market in the long term and it's too much boring work picking stocks.

I've had a couple of people ask about VHC and I was in a rush Friday, just realized my post may have been confusing. I'm on the outside of the rally community hence the name "Wannabe" but love the whole idea of the sport and the spirit of those involved; a lot of good people.

I've watched the struggle for sponsorships, extra money to get a car working how you really want it to work, the costs of rally and of course how much of that RA can support.

November 4th I posted a stock tip on this thread (VHC) to make Max some money and share a little love with the community

I'm not an expert by any means but I'm one of those people that happens to find researching stocks fun! This one is anything but boring a little David and Goliath story with a bunch of interesting and potentially industry changing decisions being made by a good ole judge in Texas that I often picture in cowboy boots under his robe walking in to the courtroom and giving all the hot shot Microsoft/Apple attorneys a bit of hell.

The stock has increased from $22.15 on November 4 up over $41 and some change today (you're welcome very much)

I don't know where it's going, earnings call first part of August. Apple pushed to reveal source code by end of day tomorrow to VHC. Apple (and by default Cisco) pushed to settle or set for trial by the judge last week. Stock continues to climb, rated outperform but is very risky.

I hope some of you are making some money and lots of love to the rally community!

Betting on patent trolls who seek proceedings in Texas courtrooms is hardly where I would want to put my money regardless of the outcome...

---

____________________________________________________________-

One. Class -- 2WD

www.quantumrallysport.com

http://www.facebook.com/home.php?#/pages/Quantum-Rally-Sport/281129179600?ref=nf

To each his own.

Another way to look at it . 1. If you look through the USPTO documents you will see they filed their original patents years before Apple or Microsoft launched their technologies. 2. The stock took off last year when the big fund investors came in and purchased in significant volume for pension funds, foundations, endowments etc. so someone thinks it's worth investing. 3. The technology originated with the US Department of Defense through SAIC (government contract agency), Virnetx was established with the sole purpose of licensing a technology.

I agree with your comment on patent trolls, they waste a lot of time and money in every industry. I don't think Virnetx is a patent troll but only time tells that truth.

One option would be acquisition where they could possibly contribute directly to more marketed product then it feels a lot better and the patent troll issue becomes a non-issue.

Regardless of how look at it still 50% up in 6 months and am glad some have made a little money along the way. I rest my case



Edited 3 time(s). Last edit at 07/16/2012 07:04PM by Wannabe.