mag niet te lang?
mail verstuurd zondag, naar americano in NY (de staat)
Gary, so sorry to hear about your breaking your toe.
I must keep myself from thinking I was somehow a cause of your mishap. I don’t believe I was the sole cause, but, none-the-less.. perhaps one of the reasons you went over there. But that day, since I was not in any hurry, was not of my choosing.
I am still in no hurry. I do have an enormous backlog.
I hope the strained muscle has been rested and healed.
You know I got in early Retirement on boxing day last December, and have since seen my income decrease, but.. I knew I can live fairly well on half of what my future monthly income will be. (and I can still squander some on my favorite hobbies..)
Stock portfolio has taken an upturn. Took some losses in a BIO-tech (heavy losses, actually), and invested the released funds in an older acquantance, a fund that controls about 2.3 billion euro in German commercial real estate but was over-leveraged some years ago.
Years ago, I made good profits on this fund, and I saw it at an all time low last november/december.. bought a good deal, and it’s made good so far.
It’s been up over 60 percent for a while now (fibonacci trends to still better, underlying net value alone would be worth a hell of a lot more than I paid..), and the ticker will likely go to mean volume/price average it had for last year (it is still a ways under that)
In short, if I sell half of What I invested in that fund, right now, I make good on losses I made in that biotech, and have 19.000 dollar profit on top of that.
Other stock I divested in have risen some, still other took a 40 percent dive, but I was divested.
The bio, it rose a bit after I sold, is now lower than when I sold.
Dividend stock I kept long term have announced they will give much higher dividend this year.. and is now rising far too sharply (months before payout date) (an opportunity, with a window to sell on the head before next ex dividend low so, that one does not have to pay 45 percent taxes on dividend. Go figure.)
It took me some years to learn when to take losses, but overall, (an excel sheet keeps tabs on all I ever had.. and still have) well, the entire folio I keep shows 45 percent profit on invested (after losses and gains, after trading cost and taxes..)
This is BETTER than keeping it in a sock, and since banks savings accounts give next to nothing (less than inflation), it was better than letting all ride in the bank.
In Belgium, an incredible amount is in savings accounts that earn less than inflation... People are still shunning stocks.
Somebody said, buy while blood runs in the streets.
Last year, I did. Took a loss on that bio, cashed in on a head (as in a a head shoulders graph) on an other (in a rise, when you do it..., to see the drop later..), and bought into that german stuff from panickers.
(ECT, eurocastle, it's now a penny stock, I know it inside out. But, I read all the publications and prospectuses, and have done so for many many years, and will eventually keep about 1 percent of its stock for the FAR future (like 2020.. because I think it by then have gone up twentyfold.. They do not pay dividends now, their main focus is divesting of non leased buildings, lease out more, (not buy more), fix short term debt, and eventually, fix a long term obligation agreament with their own mother fund. (Fortress.. a hedge fund).
All in all, in 2020 or so, the net asset value per outstanding share (in assumption all is settled) is likely to be 3 to 4 times higher than it is now.
(now, at 59ct, it is 9 times current trade price (in assumption all is settled..)
The difference then, 2019/2020 or so, is that, once they actually again pay dividends, the dividend may very well be (again) over 16 precent of NAV/share
Now, over 5 percent of dividend on NAV/share, means 20/1, and usually means spikes each year.
I fuly intend to be a winner, a real long term big time winner (as in, only invest with money I got from previous trade gains)
Oh, I have two percent NOW. I intend to keep no more than 1 percent for long term.. may have to divest after august, buy back in nov/dec 2013, but after june 2014, it will be a whole other picture. (People will know about outstanding debts on a much better occupied part of their properties (called drive folio) (mars folio was troubled) because by Q3 of 2014, results of the renegotiated -or settled- for that key moment will have to be published..)
June 2012, they showed profit on total, mostly from rent, some from sales. (and some for managing mars, a 75pct divested folio)
Expected year result is march 2013
There is an expected bubble effect, a spike to 50 percent of current trading between 5 and 6.
(mean support on 4ct, current trading still hits 5ct (stradles°), but 6ct gets bought fairly well as well)
Once august is there, a decline could start, (depends on what march 22, 2013 means to stock holders).