I joined a stock club about 2 years ago, this was spring of 2009 around March and my first purchases were right at the time everything dipped way low. SO I was off to a good start... anyway, now I meet once a month with 2 older married couples at the bank with the investment guy that works there, and he educates us and asks us questions, and we discuss what may or may not happen with this or that stock... tonight I was able to go since my night classes don't start back up until the 15th. We all agreed to change the meetings to first Thursdays so I'd be able to make it. We also decided to sell Dell, GE, and veolia environment which have been pretty stagnant and low, and put the money into ATT which has a great dividend. Fun thing about this group is I can just sit and listen and we are all just learning about stocks in general. Also one of the couples, the wife was my 7th grade English teacher. Basically we meet up and talk about stocks and add $50 each month to the fund. so if nothing else it's like saving money while I'm learning about investing, the way I see it.
back to work tomorrow at my public school job. I got my classroom situated today and some worksheets written up. My school doesn't have any newcomer curriculum, so I write up more of the lessons and activities on my own, usual part of teaching ESL.
received news about my bud in rehab. I think he's done 2 of 3 months. although his sort of ex bf told me he had NO CONTACT... well, his other past ex bf that lives in Dallas messaged me last night to call him. He told me the address and phone number of the place so I can at least start mailing my bud some encouraging notes. :)
I doubt I'll call because when you call you have to give the first name and last initial of who you are calling, then say your name and phone number, then say your message, and then the hospital will read it to them whatever you say. interesting eh?
I'm resting up tonight and hitting the sack early so I can get up and off to work in time tomorrow morning. I will need all the energy possible to get the kids back into school mode., ugh.. also need to discuss some sharpening up of classroom procedure.. ugh ugh. but I am also ready to see all the fun kids and see who returns and doesn't return. It's my first year at the school and word is that we always lose a few and gain a few. so the challenge is getting someone new with NO ENGLISH into the newcomer program after the rest of us have been hopefully gaining some English already...oh yeah, also hopefully they haven't forgotten all their English after 2 weeks break!
4 comments:
First day back go over class rules, procedures again, school mode AGAIN! I am not looking forward/am looking forward to going into my long term sub position next week and doing this with the kids. At least I'll be getting them shortly after they are back from break, and more in school mode.
kinda surprised at the sell on GE, decent dividend with upside, probably 15% upside on capital gain in short term, forward PE lower than trailing PE, Price to earnings growth less than 1.5. major supplier of gas turbines for nat gas power plants and steam gen components, good energy play for increase electric demand. diverse business portfolio leaning toward infastructure. good cash base for investment or stock buyback or increase div.
at&t, not bad, good dividend, declining land line business, prices for tv packages a little higher than competition, wireless will grow but due to high bandwidth will have to increase prices therefore pressue on market share and margins, trailing PE higher than projected future PE, PEG ratio above 2 (rule of thumb wait for a pull back).
i like BP in order to speculate on dividend restart and long term oil demand from BRIC countries. also like RIG, deep driller that will do most all drilling in Brazil waters, TUMI field > Saudi field, $$$ for years to come.
want income? get investment club to analyze MLP's, good start is with holdings of MLP mutual funds like Cushing. Focus on pipeline MLP's, like owning a toll road, without true commidity exposure.
I got into a long term assignment this week in kindergarten! I'll be a 2nd teacher since the class surpassed the state ratio. We're getting another new student tomorrow who they say doesn't speak any English and is Korean. Our school is dual language (Spanish; which I don't really speak). Any tips you can pass along? I think you have my email....Thanks!
I bought GE at 15 and still have it. I bought ATT at 25 and still holding, I might sell it just before Apple announces the iPhone deal with Verizon, altho some may argue that's already priced into the valuation. But you are right ATT does have a solid dividend, at least they cover their dividend thru earnings, can't say the same for Verizon.
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