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Thomians dilute Royal glory
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groovygirl
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 22 Jun 2007 13:45:51 GMT Report for Abuse
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TC
i hope you dont have any doubts with the nut now
Your explanation is too complicated :( not my forte !
Thanks for your effort anyway!
gg |
hellogoodbye
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 22 Jun 2007 14:07:03 GMT Report for Abuse
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GG,
somethings are not meant for me
I suppose society expects girls to do certain things and boys to do certain things, but if you blur the lines both adapt equally well to things they are supposedly not good at. I for a fact know that girls can be very good at math if they are thought to like it. Anyway, it's good for girls to know things like cars ( and finance etc, plus a lot else I could think of,) if not to get fleeced.
It's what you encounter in your childhood, I suppose. But come to think of it, TC or I didn't play with Barbie dolls in our childhood either, learning to play with blow-up dolls comes a lot later in life. Bonggo the lucky sod plays with real dolls, who needs make-believe when you got the real thing eh?
Edited By - hellogoodbye - 22 Jun 2007 14:13:02 G |
groovygirl
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22 Jun 2007 18:18:57 GMT Report for Abuse
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HGB
encounter in your childhood
Mind you I never played with barbies, I was such a 'tomboy', I had pets, and played with bats & balls with my cousins :)
Sure, If I get a manual with pic. & color cordination, I'll figure the nuts & bolts.
cars
Naahh! I ride a bicycle.
Guns..yes, I can load a gun (AK47, M14 or a Gloak) and shoot, seriously!
finance
yes..I was a derivative analyst. Those early tomboyish skills came in handy to deal with the raging testosterone at work.
gg
Edited By - groovygirl - 22 Jun 2007 20:29:17 GMT |
hellogoodbye
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23 Jun 2007 02:03:59 GMT Report for Abuse
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GG,
I was such a 'tomboy'
Why is that all the gals on this thread are such tomboys or wanna be tomboys, what's wrong in being just a gal? Not too sure about Ruwani though, she is even beyond a tomboy, a raving pyromaniac.
Guns..yes, I can load a gun (AK47, M14 or a Gloak) and shoot, seriously!
Oh great.... Penn is a part-time circus knife-thrower, you wanna use JRJ's nuts for target practice, and Ruwani wants to burn everyone in sight! What a wonderful world eh?
Those early tomboyish skills came in handy to deal with the raging testosterone at work.
Yep, that's it in a nutshell. I wonder if most of them are making any 'worthwhile' money or just the aggression and the lure of the green? Ole' Warren wouldn't sight the joint has got as far away as he could.
I was a derivative analyst .
What are your thoughts on the current long-running bull market? How long is it going to last? |
groovygirl
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23 Jun 2007 03:28:50 GMT Report for Abuse
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HGB
being just a gal
Well, when you grow up with predominately male cousins & step brothers , you can't be a cry baby darling. Either you compete with them or you'll end up been a spoiled girl. I've done the competetive thingy, now I am ready to be spoiled :)
warren Buffett
This guy I admire, he never spoiled his kids, he has a very unpretentious lifestyle. He is super!
making any 'worthwhile' money
Oh ya..they do indeed, brokers & Traders make tons in bonuses, seriously. I was recruited stright out of college in '96, I couldn't believe the bonuses, especially coming out of college been broke. We had really good years till the 2000 internet bubble blow, market nose dive and continue to do so after 9/11. I quit in 2005.
bull market
They say the current one should on its last leg. despite the bull run, US stocks has been under performing in compared with the overseas bourses.
I used to work for Lehman Brothers, NY which is one of the best global Investments bank, and I am not doing bad with my accumilated RSU :)
Do you follow the Market? I now use brokers at Fidelity Investments, they have pretty good collection of Funds, if you need any stock tips.
wonderful world
Oh well..it can't be a boy's club..Troika is completed, so watch out home boy :)
gg
Edited By - groovygirl - 23 Jun 2007 04:16:49 GMT |
hellogoodbye
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23 Jun 2007 16:47:07 GMT Report for Abuse
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GG,
now I am ready to be spoiled
If that's what you are looking for you have come to the right place! Just look what has happened to former pious gals like Penn and Ruwani.
Oh ya..they do indeed, brokers & Traders make tons in bonuses, seriously. I was recruited stright out of college in '96, I couldn't believe the bonuses, especially coming out of college been broke. We had really good years till the 2000 internet bubble blow, market nose dive and continue to do so after 9/11. I quit in 2005.
To be honest I don't consider it to be real investing, it was more like a great stock market swindle. During that period a transfer of wealth took place from the gullible unsophisticated mum and dad investors to the real sharp-end of town. A lot of brokers were paid fancy sums to facilitate the transfer, of course it was done legally nevertheless a swindle if ever there was one. Some sharpies just started and floated companies just for that purpose.
They say the current one should on its last leg.
I am not too sure about this GG, my take on it is that the world population of consumers have suddenly more than doubled because of what is happening in China and India, and also what happened before that with Eastern Europe and Russia. Nothing like that has happened before, I think we are in unchartered waters. I think the bull run still has some way to go, the only worry is unprecedented household debt.
I used to work for Lehman Brothers, NY which is one of the best global Investments bank,
Ah..... now you are beginning to look a whole lot sexier and intriguing! I am just kidding, I don't judge people by their wealth or lack of it, only looks!
Do you follow the Market? I now use brokers at Fidelity Investments, they have pretty good collection of Funds
Yes, I sort of follow it out of curiosity, I suppose. But I am more of a conservative long term investor, like some one said you need ten good ideas in a lifetime not a hundred everyday. we have a few BRKAs stashed away, got them a long time ago, I'll stick with them until the old guy retires or kicks the bucket. I sort of wait for the near bottom and stick with blue chips and sort of hold on to them. Yep, I have a few favourites around the world, SL too.
if you need any stock tips.
Yes, yes, lets hear from the horses mouth. |
penn
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23 Jun 2007 16:55:39 GMT Report for Abuse
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former pious gals like Penn and Ruwani.
lol seasonal rash is getting to be a problem...
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groovygirl
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23 Jun 2007 18:10:55 GMT Report for Abuse
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HGB
[what is happening in China and India]
I would be watchful before jump into conclusion. True the consumers have doubled.....FYI..There are warns on Chinese bubble, would probably be the most anticipated burst in the history of financial market bubbles. It'll have a domino effect like the internet bubble. Some may argue otherwise. It's up to the investor, I am very skepticle about emerging Markets.
[gullible unsophisticated mum and dad]
True, in the sense of golden days. Can't forget the Enron cheaters either. It's just handfull of crooks who'll exploit the market for personal finanical gain. But over all market is more sophisticated now with exotic deals (derivatives), and these firms work tirelessly to come out with new ideas to attract investors, they deserve the pay backs.
[Lehman Brothers]
Didn't mean to brag, infact I wanted to join UN to save the world after college. but, I had huge college loans and addictions, so only option left to swindle money from the gullible :)
[SL stock]
Maybe you can give me tips, i heard the real estate, eg..condos in colombo, (for investments) any thought on that ?
gg
Edited By - groovygirl - 24 Jun 2007 01:31:48 GMT |
hellogoodbye
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24 Jun 2007 14:26:08 GMT Report for Abuse
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GG,
I would be watchful before jump into conclusion. True the consumers have doubled.....FYI..There are warns on Chinese bubble, would probably be the most anticipated burst in the history of financial market bubbles. It'll have a domino effect like the internet bubble. Some may argue otherwise. It's up to the investor, I am very skepticle about emerging Markets.
I do not invest in emerging markets because I do not know them - especially their financial and company regulations - although I could have done quite well in places like Malaysia and India. I don't want to know about China as it is very complex. But what I meant was that markets for multinationals - like Coca Cola, Sony, and many others - have more than doubled because what has happened with the opening up of markets in China, India and Eastern Europe. I don't feel it has reached it's saturation point yet.
One thing I cant figure out is why the Chinese keep investing in US government treasury bonds as inflation will eat away most of it, the Japanese did it before that ( at least the interest rate in Japan was close to zero at the time) and practically gave away most of their hard work virtually for free.
But over all market is more sophisticated now with exotic deals (derivatives), and these firms work tirelessly to come out with new ideas to attract investors
Aw... c'mon GG, between you and me, by whatever name, it's still Las Vegas with a little sprinkling of financial razzamatazz eh? But must admit some do it with great finesse! Can just picture you flogging off those 'exotic deals!'
they deserve the pay backs
Oh, I am sure. If I charm the skirts off Penn, Ruwani and GG, I am also entitled to all the paybacks eh?
so only option left to swindle money from the gullible
It's great you went and did it, it's sort of knowledge that a young person cant do without, if one is to survive in the future. It's something I want my kids to learn as well, so they don't have to depend on men, especially someone like me.
Maybe you can give me tips, i heard the real estate, eg..condos in colombo, (for investments) any thought on that ?
Alright, this is my take on real estate in SL. There are condos and condos in SL, 98% you shouldn't touch with a barge pole. But if you seek out there are good ones like Crestcat. And two others I've seen in McCarthy Rd and another place in Bamba (Queens Rd, I think) which were smaller developments (less than 20) but great locations and very well fitted out. I know the people who have bought them, they have appreciated very well, especially Crestcat. But the question is how well have they done when taking into account inflation and depreciation of the SL Rupee? If you have a lot of money in SL it's a good investment as a hedge against inflation but is it worth taking $ and investing it over there? Personally I wouldn't, because I know the heartache my parents went through, they lost three houses in C'mbo when that ceiling on houses came. And they didn't go to any poor tenants, one was a cousin of a former PM who was one of the wealthiest men at the time, they knew how to play the game. My father was a very proud independent man who wouldn't ask any favours from anyone so he just let them go. We still have a lot of things there but it's a big hassle to hang on to them so I wouldn't want anymore headaches. That's my point of view because it's a lot of trouble to take care of them, especially if you don't want to suck up to people. But if you have some ill gotten loot burning a hole and you want a nice place to stay when in SL Crestcat is not bad, at least it will keep up with inflation. Go for top notch quality, forget everything else.
As for stocks, from my own experience what I can say is put all your eggs in few (or one) baskets. I suppose you know the long-term depreciation of the SL Rupee against other major currencies is roughly 9% per annum(compounded.) So even if you keep your $s under your pillow you get 9% return in terms of SL rupees. Some like Sampath Bank have just kept up with inflation, but the few that have done better (the ones I have any experience of) are Carson Cumberbatch (rarely comes up for sale but you could get their Guardian Fund which own their shares as well as some other good ones,) Commercial Bank, DFCC, Distilleries and John Keels Holdings (not John Keels.) If the war starts in earnest and the interest rates soar, they will hit rock bottom (at times I've got distilleries for Rs3.75 and JKH for Rs36) that's the time to move in. I personally don't like Distilleries (although it's a very good investment) as it's a one man band and he seeks political patronage, most others are quite professionally run, especially JKH. My father invested in JKH when they first floated, those have appreciated about 32 - 33% per annum (compounded) so even after taking off 9% it's 23 - 24%, a good return by any measure anywhere. Later investments in JKH has returned about 22 - 24% again not bad even if you take off 9%. You don't have to take your $ to SL you can buy JKH as GDR (global depository receipts.)
So what are your (Lehman Brothers) tips for long term growth?
Edited By - hellogoodbye - 24 Jun 2007 14:41:22 G |
MarkLevinson
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 24 Jun 2007 18:58:07 GMT Report for Abuse
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HGB,
AnuD was looking for you on my page.........got bit flummoxed cause dude is exactly not type of a person who would look for you:):):):) |
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