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#11
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Capt Rob Spends $27,950 for a KIA!!!
-- "Swab Rob" wrote Or just keep the cash and buy something nice for yourself. Better camera? Some fine clothes...a night of fine food. good advice, asswipe! SV |
#12
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Capt Rob Spends $27,950 for a KIA!!!
I moved most of my money into an ING savings account, it's at 4.25% interest today. Yeah, take if from Scotty, who has nothing but poverty and a dead mother with a DNR tattooed on her crotch for a lifetime of useless effort. RB 35s5 NY |
#13
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Capt Rob Spends $27,950 for a KIA!!!
I have ''stuff'', I enjoy using my ''stuff'', but I don't need to brag about it. You just told us you have stuff and enjoying using it. Duh! Go dig up your mom, dickface! Bwahahahahhahahaha! RB 35s5 NY |
#14
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Capt Rob Spends $27,950 for a KIA!!!
Thom Stewart wrote: Any suggestions? Remember I'm 80! http://community.webtv.net/tassail/ThomPage The CBM of Tomorrow Shale gas is essentially natural gas contained reservoirs predominantly composed of shale with lesser amounts of other fine grained rocks rather than from more conventional sandstone or limestone reservoirs. Shale gas plays are considered area plays since shale gas, similar to CBM, is often found over large contiguous areas. The one of the big difference between shale gas and CBM is the recovery rates. You see, shale gas reservoirs generally result in recovery rates of only 20% of original gas in place. That's much less compared to CMB reservoirs which can recover up to 90%. But here's the thing: that doesn't matter. You see the organically rich shale gas reservoirs, once ignored by drillers seeking easier plays and faster returns on their investments, are now beginning to spark the interests of producers around the world for one pure and simple reason: The massive in place gas that's trapped inside the shale. How much? Estimates for North American shale gas are as high as 1,000 trillion cubic feet of in place resources!!! Moreover shale gas production has a few upsides to CBM production. Shale gas reservoirs have long production lives (up to 30 years) as well as having low decline rates (generally less than 5% per year). So you can see why any producer would be interested in tapping into this reserve. The major oil and gas companies are already starting to sniff around for shale gas properties. The Engine to Change it All?" The technology is so revolutionary that it's being headlined on CNBC, FoxNews, MSNBC and CNN. The stock's already up more than 261% since March! But with major Defense contracts already underway and the drooling interest from the Big Three Automakers, I think it's going to go a lot higher Buy Leroy Ventures (TSX-V:LRV ; $2.05) Leroy Ventures is an emerging natural resource company engaged in the business of acquiring, exploring and developing shale gas properties, both in Canada as well as abroad. Now, we're going to start with a 50,000 foot view of Leroy and then we're going to go into a lot more detail in subsequent issues. The plan for Leroy right now is to get some sort of production, be it oil or conventional gas, and get some cash flowing in the door in order to build the company and support the month to month operations. The company already has some prospects that will help them achieve this. But these projects are not part of the big picture. The goal is to get the ball rolling and then go after the real money makers, the shale gas projects. Leroy is basically where Storm Cat was three years ago. They're young, excited, and hungry to make money...just the way I like them Leroy is also working toward getting the right people on board. Now, I know I talk about the people behind these resource companies a lot. But the fact is that this a paramount issue. Especially in shale gas arena as there are only a handful of people that know what they're doing because shale gas so new. And here's the thing with the people Leroy is lining up: Almost everyone associated with Leroy from consultants and advisors, to directors and officers were also involved in the formative stages of StormCat Energy. That's why I'm calling Leroy "StormCat II". Bottom line: Shale gas is going to be huge...and Leroy Ventures will be producing gas from shale while the rest of the resource companies are just hearing about it. I can foresee this becoming another long ball home run for us. Buy the stock, have some patience, and let it happen. This is just the beginning. Joe |
#15
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Capt Rob Spends $27,950 for a KIA!!!
(Thom Stewart) wrote:
Right now,today, my Checking Account is over $30,000. mm, that's a lot of money to have sitting in your checking account. .... Have an appointment Monday with Merrill Lynch to make it start doing some work for me. Also going the give Smith Barney etc a chance also. Any suggestions? Remember I'm 80! I've had investment accounts with both firms. A lot depends on the local rep, but IMHO Merril Lynch is not the one to pick. Mys Terry wrote: It's not enough money to do any substantial work for you, Thom. Oh yeah, just forget about it, at 5% it's only $125 month or $1500 a year... not worth picking up off the sidewalk, huh? ... I would suggest that you don't invest it in any way that would make it hard to access quickly and without penalties if "something" comes up. "something" like what? I would suggest you stick to your internet stalking and quit pretending to actually know anything about batteries or money... or anything, for that matter. Scotty wrote: Do you have a savings account? Is it an interest earning checking account? Is this a troll? I don't think it's a troll, for one thing it's Ol' Thom and for another, he just sold his boat. Thom, at the very least, I wouldn't keep that much in a checking account. I moved most of my money into an ING savings account, it's at 4.25% interest today. I keep a small amount in my local bank, checking account, just to pay bills and such. You can withdrawal the ING money at any time, un like a CD. I don't like taking risks , as in playing the market. I like CDs. There's "playing the market" and then there's investing in it. However I wouldn't suggest Thom buy any stocks, or even a stock mutual fund, at his age. It's the best way to beat inflation and grow capital over a long term, but that means a time horizon of 10 years +. If OTOH Thom is interested in long term capital growth, a no-load index fund would be ideal. Most banks will automatically roll over a CD and not charge a penalty to withdraw after the first period, so if you know you won't need the money for the next 30 days or 90 days, that's one route. Make *sure* to ask specifically what the bank policies are on this, and get it in writing. Another possibility is a bond fund, either a tax-free or a US Treasuries fund. Bond funds start paying interest the same day you buy them, and they are very stable. The issue here is the sales charge or load, which is why one should shop around. Money can be pulled out of a mutual fund at any time, so if "something" comes up, you're in clover. DSK |
#16
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Capt Rob Spends $27,950 for a KIA!!!
"Mys Terry" wrote in message My parents are still in their own home at a cost of about $250k per year. I'm sure we could do something else cheaper. You pay condo fees on a crypt?? Too bad you're about 20 years too late to donate their genetically worthless carcasses to scientific research. CM- |
#17
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Capt Rob Spends $27,950 for a KIA!!!
Thanks Scotty,
I used the Checking account for the Wire Transfer this past Holiday Week-end. I have a Merrill Lynch Mng Account, made up rather heavy in Munc. Bond (Tax Free) drawing from 5.250% -to 6.125%. The higher paying Bonds are being re-claimed at a pretty alarming rate. I have a very Comfortable Pension; even after 22years. So. I'm looking seriously at making the money from the sale of "Pneuma" to do a little more work for me. Where is "Capt America" when I need him?!! Keep talking though. I'll probably just plow it into ML Fund but Ol Thom got a few extra bucks; thanks to Pneuma and it may just be time to "GYBE" Feels kind of nice after all the Sadness of losing her. So. let's hear what others ASA'er think:^) http://community.webtv.net/tassail/ThomPage |
#18
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Capt Rob Spends $27,950 for a KIA!!!
Thom,
If you're comfortable without it, why not consider 'investing' in the future of sailing. Find a good community sailing center in your area and give the money to them. There are lots of them who are really trying to promote sailing. Go visit some of them and if you like what they're doing, support them. Think of all the enjoyment Pneuma gave you, and then let the proceeds help others get that same enjoyment. S. "Thom Stewart" wrote in message ... : Thanks Scotty, : : I used the Checking account for the Wire Transfer this past Holiday : Week-end. I have a Merrill Lynch Mng Account, made up rather heavy in : Munc. Bond (Tax Free) drawing from 5.250% -to 6.125%. The higher paying : Bonds are being re-claimed at a pretty alarming rate. : : I have a very Comfortable Pension; even after 22years. So. I'm looking : seriously at making the money from the sale of "Pneuma" to do a little : more work for me. : : Where is "Capt America" when I need him?!! : : Keep talking though. I'll probably just plow it into ML Fund but Ol Thom : got a few extra bucks; thanks to Pneuma and it may just be time to : "GYBE" Feels kind of nice after all the Sadness of losing her. So. : let's hear what others ASA'er think:^) : : http://community.webtv.net/tassail/ThomPage : |
#20
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Capt Rob Spends $27,950 for a KIA!!!
"DSK" wrote in message . .. There's "playing the market" and then there's investing in it. However I wouldn't suggest Thom buy any stocks, or even a stock mutual fund, at his age. It's the best way to beat inflation and grow capital over a long term, but that means a time horizon of 10 years +. If OTOH Thom is interested in long term capital growth, a no-load index fund would be ideal. Most banks will automatically roll over a CD and not charge a penalty to withdraw after the first period, so if you know you won't need the money for the next 30 days or 90 days, that's one route. Make *sure* to ask specifically what the bank policies are on this, and get it in writing. Another possibility is a bond fund, either a tax-free or a US Treasuries fund. Bond funds start paying interest the same day you buy them, and they are very stable. The issue here is the sales charge or load, which is why one should shop around. Money can be pulled out of a mutual fund at any time, so if "something" comes up, you're in clover. I have money in mutual funds, from long ago. I also gave my Son some money to 'play the market'. He's into that sort of thing and knows what he's doing (unlike me). But I still like the security of an insured CD. Scotty |
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