Posts by LEODOLLAR

• Q: EXPAND your horizon investment possibilities. Invest in Brazil
  
  Don’t let market unfamiliarity prevent you from double-digit gains.
  
  nicheBRAZIL walks with you for a path of success
  
  www.nichebrazil.com
• Asked by leodollar - 1 months ago - 1 answers - 124 views
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• A: that just sounds so Godlike and Christmasy ... JC would surely approve. As he does by
  tacitly letting this site go to he**.
  _____
  nicheBRAZIL walks with you for a path of success more
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• Q: New Question: All,
  
  For those seeking to enter the Brazilian market, and take advantage of its
  economic boom, visit us at: www.nichebrazil.com
• Asked by leodollar - 1 months ago - 0 answers - 71 views
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• Q: I am planning on quitting my job, and fully dedicate to investing on my own. A
  mix of day trader/ long term mix. In other words, I want to be able to stay home
  doing trades to make income on a daily basis to make same or more $$$ I
  currently make at work in less hours. I believe I spend 8 hours of my day to
  make an income I could easily make trading in less hours. By that, I dont mean I
  dont want to work, yet I want to smart work
  
  About me: no one to support, no debts, finishing MBA summer 2011. My broker
  account allows me margins where I plan on using for short term trades and fill
  my income. I believe I can do it, and I fail I can either go back to becoming an
  employee and/or go to Brazil, where I was born, and get a good job
  
  My question to the experts:
  
  a) Is that feasible?
  b) What financial tools would you recommend? (I am OK to subscribe to a service
  within reason, not a Bloomberg terminal)
  c) at the beginning I plan on doing stocks for short term with margins while I
  capitalize and get more comfortable with options. Eventually, I will transit to
  options
  
  Any advice would be of great help
• Asked by leodollar - 1 months ago - 7 answers - 981 views
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• A: I read this article a few years
  ago,enjoy.http://www.thestreet.com/story/10427548/1/how-to-become-a-full-time-investor.htm
  l more
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• Q: Pickrs,
  
  With this turbulent market, I took some losses. Could someone provide some
  guidance on how to benefit from this loss when reporting my taxes for 2008? Will
  my broker mail me a different form for this purpose?
  
  PS: I am planning on filing myself. Or, is that going to be too complicated and
  you would recommend I seek professionally prepared?
  
  Thanks, and good evening
• Asked by leodollar - 1 months ago - 6 answers - 262 views
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• A: I use Turbo Tax. Really easy. You cruise thru calulating long and short term gains and
  losses. As someone mentioned, you just need your buying cost and commission (basis) and
  selling price / net commission. more
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• Q: Letter to Mr. President George W. Bush,
  
  Mr. President,
  
  I would like to start off saying I truly respect your position as chief
  commander. I am, in no means here to disrespect you or your authority. I am
  here, as a taxpayer, to share with you my frustration.
  
  I would like to present some background beforehand. I am originally from
  Brazil. An immigrant who grew up listening to American music, and watching
  Hollywood movies. I remember when I was a kid, trying as hard as I could to
  learn English so I could make my family proud, and be able to translate American
  music. Approximately 8 years ago, I landed in the United States of America with
  a tourist visa because I believe (d) in the dream. I have tremendous respect for
  the US, and the people that here live. I believe Americans are hard workers. I
  decided to make US my home, and began working towards that. As an immigrant, I
  refused to stay here, and live off the benefits of the government becoming
  illegal (This letter is not to attack illegal- this is a topic for another
  discussion that makes me wonder. US is capable of devastating Iraq, but cannot
  control its borders…). I wanted to contribute for the growth of this nation, a
  nation where I could raise a family safely (my father was murdered in Brazil),
  and be proud of. Currently, I am working on my green card; so far, I have spent
  10K to earn it. I also spent 10K+ towards my education….
  
  Mr. President, as you can see I believe the American dream. No matter what
  people tell me or how discouraged they look. However, the past 6 months have
  been a bumpy road for me, and my investments. Some background on that:
  
  - in the past 6 months, both my 401K and IRA have lost 8K combined
  - in the past 6 months, my portfolio lost 10K
  - in the past 6 months, I still managed to pay extra payments on my mortgage
  
  As far as my 401K, IRA, and portfolio at first, I believed the loss was a
  consequence of my immaturity on investing. Then, I observed my colleagues of
  this forum also concerned, and I concluded it was not only my fault. I question
  you Mr. President: How should I face my wife, and explain to her that the major
  provider of the family is failing to build a solid future for the family????
  
  As far as my mortgage, I was able to manage it because I come from a poor
  country (Brazil) where money is scarce. I like to compare the Brazilian
  mentality to those who lived during the great depression of 1929/ 1930: where
  people save, then buy.
  
  Mr. President, the point that I am trying to make here is: why, myself, and
  ordinary people like myself need to face this? The US is a capitalist nation, so
  why the bail out? People ought to be responsible for their actions. We need to
  change the mentality of those who spend more than they can afford.
  
  Mr. President,
  
  My suggestions may be naïve, but that is what I love about US. The freedom of
  speech. I have been brainstorming for a while some things and would like to ask
  for your opinion:
  
  1) Why don’t we end the war, and have Iraq pay us for us freeing them? They
  can pay with oil or some raw material. I see four benefits by doing so
  a. Our troops will finally come back- and relieving those who have relatives
  fighting for us (THANK YOU)
  b. We can save money by NOT spending more
  c. We can send our companies there for reconstruction (FLR, FWLT) of that
  nation
  d. We can be repaid in oil- This will result in taking the stress in our pumps,
  meanwhile congress approves a plan for a fund to invest in alternative sources.
  Therefore, when Iraq finishes paying, we already have a plan B
  2) Why the golden parachute?
  3) Since the bail out is our only alternative, I question:
  a. Why don’t you, the government, sell these homes that are being held by
  banks NOT to investors, yet to us, ordinary people. Let us make some money off
  this. Why don’t you come to us, ordinary people that pay our bills/ taxes, and
  offer these homes for a low low mortgage? This way, we can rent it out, and make
  some money as well.
  
  
  PS: My sincere apologies if I did not use the proper greeting towards the
  President, yet my vocabulary is limited. I am not an economist, engineer, or
  lawyer. I am just a guy with BBA trying to make a living in US.
  
  Mr President,
  
  I am not asking you to look after us, instead, give us the tools we need to
  achieve the American dream.
  
  Pickers,
  
  I am sorry for sharing this in this forum, but I did not know how to make this
  letter delivered to our commander in chief.
  
  May God Bless America
• Asked by leodollar - 1 months ago - 5 answers - 222 views
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• A: You talk of controling borders. What do you think this country will look like if every
  person in the world traveled here on a tourist visa and never left. What's the differance
  between climbing a fence, swimming across a river or sneaking through a tunnel. There is
  alot of people all over this world that want to become americans. They apply and go on a
  list. They don't come here under the guise of a tourist. more
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• Q: NUCOR- I do not want to defend this stock too much only because I own it. While
  some are dumping it on the market, I am thinking on buying some for the long
  run. My reasoning on this are:
  1) It will my cost average down a lot
  2) With the crude going down, I believe spending may increase in some sectors,
  especially the automaker sector. With lower gas prices, consumers will go back
  to back vehicles, and steel consumption will increase.
  
  Any thoughts?
  
  ATTENTION to the word: LONG run.....
  
  Patience is key
• Asked by leodollar - 1 months ago - 5 answers - 273 views
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• A: What is happening as far as steel supplies? Any new steel mills on the drawing board or
  under construction? If you are looking at a long term commitment to steel, you need to
  know that there won't be a supply glut to ruin the party. more
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• Q: Pickers,
  
  How do I stop receiving ecirpm's questions? They are annoying and no sense. I
  hit the "ignore user" on mt settings, but I keep receiving his questions? I
  mean, nothing wrong posting questions (after all this is a forum), but one after
  another...!?!?!?!? It makes hard for me to look over other questions/ opinions
  from other pickers.
  
  ecirpm- Nothing against you, just dont want to see several of your questions
  unanswered, and have to dig through the pages in this forum... hope you
  understand.
• Asked by leodollar - 1 months ago - 15 answers - 515 views
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• A: He's been blocked by so many people, maybe his alter ego is the new Pi guy. more
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• Q: New Question: Clean Energy Fuels awarded LNG supply contract for Los Angeles
  refuse trucks
  28 minutes ago - Datamonitor
  
  The Sanitation Bureau of the City of Los Angeles has awarded Clean Energy Fuels
  a contract for up to 10 years to supply liquefied natural gas for the city's
  growing fleet of 340 LNG refuse trucks.
  
  The liquefied natural gas (LNG) fleet currently uses approximately 3.5 million
  gallons of clean-burning LNG fuel each year. Fleet fuel volumes are expected to
  increase as diesel trucks in the 700 truck fleet continue to be replaced with
  LNG refuse vehicles.
• Asked by leodollar - 1 months ago - 0 answers - 173 views
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• Q: New Question: If the options activity for Dec/08 shows put contracts high, and
  call contracts down, does it necessarily mean investors are bearish about the
  stock/ ETF?
• Asked by leodollar - 1 months ago - 0 answers - 134 views
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• Q: I am thinking on going long for MCD (IRA). Can anyone assist on a good entry
  point as far as MA/ trend? The MCD close to my house is always full
• Asked by leodollar - 1 months ago - 7 answers - 235 views
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• A: that is a great explanation by Ryan. "How it gets to a trend line" - that always needs to
  be included in the discussion more
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