Thread: Birchtree's Account Talk

Hey birch if you dont mind me asking, I know youve got quite a lot of stocks working for you, but what would you say your ratio is of higher risk "wall flowers" to lower risk "blue chip" performers?

Judy,

I'm slowly working my way toward your current allocation of 40C/20S/40I and will probably remain there for the duration of the summer. The dollar will continue to be soft awhile longer but will at some point reverse - that's when I'd like to be holding only 40%I fund. A price of $22.50 would seem propitious to move another 10% to the C fund. After that we'll have to see how the world looks for the next 20% to the C fund. Now I'm off to buy some wall flowers. Every day the market rallies I earn flower power in my margin account - that's money used to buy without selling something. When Uncle Ben states that interest rates will remain unchanged for an extended period of time - that only encourages the formation of more margin accounts - and that creates demand for equities. It's a great time to own assets.

Nate,

My guesstimate is probably 70% small cap and 30% large cap in my oceanic account. I invest my portfolio as a family unit. My wife is fully loaded in large caps in her defined contribution plan and my TSP (tugboat) is moving toward 80% large cap and 20% small cap. At this point in the market cycle the random walk theory is working well. I just buy what I like and a lot of my choices are based on contrarianism - if it stinks I like it especially if they pay a dividend. I just found out my KRO has declared a 2 for 1 stock split at about $60. I'm in at a low of $9.50 and have been dollar cost averaging all the way up. I expect more stock splits and buy outs as the market moves higher in price.

Originally Posted by Birchtree

Buying a few wall flowers this morning while the money is in my pocket: GLW, VCI, FLO, WMB, AP, TREX, BAS, WAB. It proposes to be a long day and I may return for a few more wall flowers later.

Nice jump on VCI on high volume this morning... Wonder what happening there?

It could mean that a slower economy may mean the use of more coupons - I never go to the grocery without mine.

My moto is to just buy'em: CE, STO, HSC, AKS, HEI, DRC, KMT, HBI. I'm afraid I'm going to have so much money I won't be able to spend it all - nah, that fear is unrealistic. I've prepared a long time for this moment and will spend every dime until the Dow hits 16,875, then I'll catch my breath.

ur crazy.... like your attitude though. .I call that many years of experience/wisdom.

Miss me yet?

Originally Posted by FAB1

Miss me yet?

How did you know? I don't like being sarcastic all by myself.

Man, I need to quit answering other people's account.