teliot
teliot
Joined: Oct 19, 2009
  • Threads: 32
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February 28th, 2017 at 3:28:58 PM permalink
Quote: SM777

Best of luck. Travel the world!

Thanks!

I am taking theatre courses at Santa Barbara City College, volunteering as a docent at the Zoo, writing, hiking and otherwise enjoying life. Long travels will await my wife's retirement next year.
WatchMeWin
WatchMeWin
Joined: May 20, 2011
  • Threads: 44
  • Posts: 578
February 28th, 2017 at 4:12:54 PM permalink
Quote: teliot

That's a big lesson, but one I learned a long time ago for not very much money.

You should look into tips. The ETF "TIP" is worth consideration.



I made that mistake long ago as wel, but in optionsl.... unfortunately for me, it was a 5 figures mistake.. sigh

I will look into TIP.. Thanks!

Are you looking into acting or behind the scenes with your Theater venture?
'Winners hit n run... Losers stick around'
teliot
teliot
Joined: Oct 19, 2009
  • Threads: 32
  • Posts: 1808
February 28th, 2017 at 4:33:11 PM permalink
Quote: WatchMeWin

Are you looking into acting or behind the scenes with your Theater venture?

Community theatre - acting. I was in a film last year (played a homeless Hispanic, if you can believe it). Also, I was a "supernumerary" in a couple of operas. But I've also done a bit of writing. Recently I wrote a comedy routine for a friend (I am no comic) with the caveat that I got 10% from any performance where he used my work. My guess is that I'll make 20 cents from that. I also recently wrote and performed a monologue for a non-existent character (Dad) in Sam Shepard's "True West."
teliot
teliot
Joined: Oct 19, 2009
  • Threads: 32
  • Posts: 1808
February 28th, 2017 at 4:40:48 PM permalink
Quote: WatchMeWin

I made that mistake long ago as wel, but in optionsl.... unfortunately for me, it was a 5 figures mistake.. sigh

In 2005 (my first G2E) I met a person who was managing a "Casino" mutual fund with a large company (not Fidelity, but that kind of thing. The fund had a booth at G2E and everything seemed legit. I bought into it for $30,000. In 2009, during the housing crisis, the fund liquidated. I got $9,000 back. I think that's my worst investment ever, but there's a chance I'm going to lose $40k on a Taco Bell.

Meanwhile, my good friend bought a ton of LVS at $1.60 per share back in 2009.
WatchMeWin
WatchMeWin
Joined: May 20, 2011
  • Threads: 44
  • Posts: 578
February 28th, 2017 at 5:00:20 PM permalink
Quote: teliot

In 2005 (my first G2E) I met a person who was managing a "Casino" mutual fund with a large company (not Fidelity, but that kind of thing). I bought into it for $30,000. In 2008, during the housing crisis, the fund liquidated. I got $9,000 back. I think that's my worst investment ever, but there's a chance I'm going to lose $40k on a Taco Bell.

Meanwhile, my good friend bought a ton of LVS at $1.60 per share back in 2009.



Oh man, that LVS brings back a happy yet painful memory. Right about that time same time I bought 25k shares at 2.60. I sold at 5 in a short period of time and was happy..... then the stock kept going and going and going. If we only knew. But at the end of the day, you have to take your profits and not look back... in the long run , this strategy pays off. I predominately trade the biotech sector which is my wheelhouse and Ive done consulting for hedgefunds in this sector, so taking profits off the table when you can and not getting too greedy is always a good thing.

Regarding your acting... awesome man! Im writing a romantic comedy which has a lot of wall street, gambling, Vegas, and a love story. Early stages but maybe we can connect sometime and run ideas.
'Winners hit n run... Losers stick around'
teliot
teliot
Joined: Oct 19, 2009
  • Threads: 32
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February 28th, 2017 at 5:02:15 PM permalink
Quote: WatchMeWin

Regarding your acting... awesome man! Im writing a romantic comedy which has a lot of wall street, gambling, Vegas, and a love story. Early stages but maybe we can connect sometime and run ideas.

Sorry about your selling at 5. My friend (who bought at $1.60) told me about her purchase when it was at 5. I thought I had already missed the chance so I didn't buy.

Congrats on your writing. I am always envious of skilled creative writing. I do it in bits and pieces only.

Let me know next time you come to Santa Barbara :)
WatchMeWin
WatchMeWin
Joined: May 20, 2011
  • Threads: 44
  • Posts: 578
February 28th, 2017 at 5:04:47 PM permalink
Quote: teliot

Congrats on your writing. I am always envious of skilled creative writing. I do it in bits and pieces only.

Let me know next time you come to Santa Barbara :)



Will do.
'Winners hit n run... Losers stick around'
Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 40
  • Posts: 1964
February 28th, 2017 at 7:26:35 PM permalink
Quote: teliot

Now I only have URI (bought it at 66, now at 128).


It is time to sell URI...expectations are now to perfection. Ring the register ;-).
Attempting to add value one post at a time
teliot
teliot
Joined: Oct 19, 2009
  • Threads: 32
  • Posts: 1808
February 28th, 2017 at 8:17:20 PM permalink
Quote: Paradigm

It is time to sell URI...expectations are now to perfection. Ring the register ;-).

Even with the 15% CG tax?
Zcore13
Zcore13
Joined: Nov 30, 2009
  • Threads: 29
  • Posts: 2484
February 28th, 2017 at 11:20:07 PM permalink
Eliot, congrats on your retirement and good luck on all your new ventures. It's been an honor and a privilege to meet and talk to you a few times.


ZCore13
I am an employee of a Casino. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.

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