you forgot taxes. by taking the full match on a 401k or 403b investment you not only get a 100 percent return, but it's before taxes, reducing your taxable income at the same time, and the match is untaxed.
whereas you should never buy risky stocks in your retirement accounts, even if I have on occassion [still have 250 shares of salon.com sitting in one account]
Freezing cold? Melting snow? Are you sure you live in Seattle?
Yup, Seattle, where the women are liberal, the men are more so, the coffee is strong, fair-trade, and organic, and the free wireless is strong, hot, and omnipresent.
The freezing cold and melting snow thing was supposed to point out the Hype Level on the new Intel chip is just that - off the scale.
Dry humor - used in Britain, and occassionally on the Net.
My 54Mbps wireless usually get about 33... I have *never* seen it go to 54Mbps. My wired network (100Mbps) has transfer speeds of a little less than 10,000KB/s, which I figure to be about 80% of the rated speed. My wireless connection (54Mbps) gets transfer speeds around 3,000KB/s, which is closer to 45% of the rated speed. You are either very lucky, or wrong, with your wireless reaching it's rated speed. Enjoy your 8 Gbps cable modem...
well, as I said, it could be where I live, we're one of the most wired and unwired neighborhoods in all of Seattle, where Getty Images and Adobe are located, and have more Thai food and free wireless hotspots than almost everyone. Fremont, in Seattle.
Here at the UW we have wide fat pipes that make cable modem look sick. Especially at the UW Medical Center, cause we process genomes and do long-distance surgery and that kind of thing.
i didn't say i borrowed the connections (and there's a bunch) when they were using them.
besides, as I said, i just got a 108 Mbps wireless hub, so we'll see how it handles my 8 Gbps cable modem splitting, both single use (with the other Macs and PC boxen off) and split (with the Mac and PC boxes on).
I also have a DSL line, and that's slower than my wireless is.
It could be because I live in a valley called Fremont in Seattle, where wireless is cheap, strong, and organic fair-trade, like our coffee. Maybe we have less interference due to our geography and all the nice high-test wireless provided - we also have Internet 2 for some of the UW offices in our neighborhood which is even faster.
As I said, your mileage may vary, I don't live where you do, and all I know is relative speed comparisons at different signal strengths and in comparison with my cable modem and DSL speeds.
GMP - Green Mountain Power has been very very good to me, and sometimes I've bought Con-Edison when it's been cheap.
Not that interested in nuclear sector, more established firms that can leverage wind power and make a good profit and dividend. Notice that FPL is doing an RFQ for more power generation in today's Wall Street Journal (ad in there), and have some GE holdings for example. Some Spanish firms good for wind plays.
How will I keep myself warm in the freezing cold Seattle winters without all that extra wattage?
Maybe I'll have to overclock it... last time I tried that, putting the chips on top of the clock, they got kind of squishy from all the melting snow, and the avocado dip switches wouldn't work...
---
on a serious note, sure it's speculation, but it isn't too surprising, especially given what some of the Chinese firms were saying previously.
first it's 54mbps. second just because the little icon says "Connected at XXmbps" doesn't mean you're getting that in actual throughput. And you've certainly got no way of testing that with a borrowed internet connection (that is no doubt much slower than 54mbps). on top of that 802.11g doesn't ever get close to sustained 54mbps, more like 20mbps in optimal situations.
I don't know, i kind of thought massive downloads of WinXP patches kind of worked pretty well for benchmarks, since I did that after I firewalled the laptop over the wireless connection, and I knew how big they were.
But, yes, as I said, it tends to vary between about 22 and 33 MBps and sometimes 52 MBps. Only occassionally do I get 11 Mbps.
Now I have never used the 54 Mbps stuff but from my experience with the 11 and 22 Mbps equipment I can say that you get no where near that speed even with the antennas nearly touching each other. My 22 Mbps network gets around 6 Mbps in actual use, I have never seen it go above that. And when I was on 11 Mbps it literally topped out at exactly half that speed (3 Mbps). It seems like we have all been duped.
I'd have to disagree. I have a 52 Mbps 11b/g wireless built in to my AMD laptop (eMachines) and I frequently get 33 Mbps or 52 Mbps, and that's piggybacking off of my neighbors or the coffee shops down the street.
Just bought a 108 Mbps wireless box with 4 hard LAN ports out so my old PCs and my new laptop can share it and I'll see what it actually cranks out, but I'm not too concerned.
But if they have credit card debt, they probably should not be investing in the stock market at all.
Exactly my point.
Paying off credit card debt should be assessed as if it were any other type of investment. How many investments do you know that...
* Pay 10 to 20% annual return guaranteed.
* Are tax free.
* Are risk free.
* Lower your cost of borrowing.
* Lower your anxiety level.
Now, if you have a match on retirement savings - I have a full match on 7.5 percent of my salary for example - that has a higher return than paying off credit card debt.
Let's say you put aside 1 percent and they match 1 percent - that's 2 dollars for every dollar put in - better than a credit card. Let's say it's a 2:1 match - you put in 2 dollars they match half - that's 33 percent, still better than even rate-gouging credit cards.
Is it me or does the parent sound like some "stock tips" spam that's been going around lately?
Nope, it's just you. I turn those in to the SEC at the San Francisco branch all the time.
I did point out what I'm doing, I'm not planning on buying into Google, but I usually get involved in four or five IPOs a year, so my advice is worth what you paid for it.
[they're not charging for slashdot yet, are they?]
Time to buy a TON of Google! This time is REALLY different! I'm pouring everthing into Google! Just as soon as I finish selling all of these tulip bulbs...
Me too, I'm taking a random walk down Wall Street, going to see if my North American Exploration shares are selling well in Paris, and cashing in my Peruvian Gold Mining stocks and Florida land futures to buy into Google!
except frequently, a secondary IPO is an offering of an amount of stock (or bonds or ETF) that is equal in size or larger to the initial IPO.
So if one couldn't get shares, it means a large chunk gets offered up all it once - technically it can mean the stock drops a bit for a while, after the initial excitement, and once can pick up a few shares in a week or two for a lot less.
1. Google is better than any investment in the world right now. Their brainpower puts Mensa to shame.
I've heard that one before - reminds me of Enron, actually...
2. Stop giving investment advice on the internet. No one asked and no one who is in their right mind would log onto their ETrade accounts after reading the ramblings of some Slashdot poster
Except I'm the guy - ok, my other WillAffleck account, but the same person - who gave people practical advice when the Red Hat IPO happened, including what the NASD and SEC were and how to contact them.
We've been thru this hype before. I didn't say it wasn't a good investment - heck, I still have a few hundred shares of Red Hat today - I just said that a secondary IPO for Google has - implicitly - a higher downside risk than the initial IPO and that you should think before you leap and consider not putting all your eggs in one basket.
That's not risky advice, it's sound advice - and you know it. So, how many shares or options of Google do you currently hold or have influence over? My guess is it's more than you've said so far.
For example, I usually invest around $10,000 in a normal investment, $5000 in a slightly risky investment [a hunch], and $1000 in a highly risky investment [most IPOs and risky stocks].
There's nothing worse than being right about an investment for the right reasons, but failing to put a decent amount of money into it.
There's a reason why you want to invest a reasonable amount in every stock. It's so that you seriously think and research it before pulling the trigger.
If you invest too little in a stock, not only do not make much money, but you tend to get lazy. Instead of doing all that tiresome reading and analysis of the financial reports, circulars, credit rating reports, and so forth, you just say "what the heck, it's only beer money", and buy.
This is most important at high risk levels because that's where research really pays off. For 5-year investment-grade bonds, for example, research isn't as critical.
My advice is intended for most people on slashdot, who don't tend to have a lot of experience investing, probably don't really read thru the footnotes on the annual reports, or check to see how much cost is burned up by options or follow thru on the value of unexercised options.
For those people, a reasonable level of risk is never more than 10 percent of stock investments, especially if they have credit card debts. Which they probably do.
What's the best way for a stock market newbie to purchase some of this stock?
Online? Throung a magician-agent? or what?
If you're a newbie, I don't recommend it.
However, if you're serious, easiest is get an E*Trade or HarrisDirect or one of the other online trading accounts, put the money in, and remember that it's transaction costs that eat you alive.
Then put in a stop-loss order in case it dives - at the point where you would go insane if you lost it - and a warning alert set to email you if it goes above a certain amount where you should sell it.
Or, as an alternative, buy it and then only look at it every three months or so.
If you follow it everyday you'll probably do something wrong.
And I say this as someone who's been investing since the 1970's and didn't panic during the IPO craze of the late 90's - which was very very good to me and my family...
Just because a stock is valued at $XX today doesn't mean it can't just as easily go down as up.
And when something is new to the market, valuation is still uncertain and the risk of it going down - contrary to most investors expectations - is higher than the risk of it going up.
However, as a caveat, I should say that some of the secondary offerings and post-IPO investments in certain companies have been very very profitable for me - Red Hat, Coach - which I bought at IPO, held for a bit, sold all or part of, and bought back in when most insiders unloaded their shares.
So, it's more a question of: Is Google worth MORE than this valuation in the future and is this BETTER than other investments?
I'm putting money in Japan and Euro value plays mostly - with money in dividend yielding energy stocks that AREN'T oil-based (wind, solar, geothermal, nuclear fission, clean coal).
But if you want to spend your money, do what I do - never invest more than you can lose, and if it's risky - unless you're really really certain [e.g. RedHat or Coach in my case] - spend LESS than on a typical investment.
For example, I usually invest around $10,000 in a normal investment, $5000 in a slightly risky investment [a hunch], and $1000 in a highly risky investment [most IPOs and risky stocks].
Sound like someone was watching the videos of dot hack slash - or the manga - and realized that the downfall of the Cerulean Knights could be done in real life.
In the anime, a bunch of kids kill off other players for fun, but there is a band of knights that protect players from unscruplous players who do things like rob or jack other players.
Slashdot Mirror
ack! I've been had by a troll!
dude, i'm not arguing with your experience with wifi speeds, i'm just attesting to my experience with wifi speeds in the b/g range.
I find it seriously doubtful that the next intel chip (at least the one that apple is planning to use) will use a translation layer.
That's just so MSFT patents the wrong thing.
you forgot taxes. by taking the full match on a 401k or 403b investment you not only get a 100 percent return, but it's before taxes, reducing your taxable income at the same time, and the match is untaxed.
whereas you should never buy risky stocks in your retirement accounts, even if I have on occassion [still have 250 shares of salon.com sitting in one account]
Freezing cold? Melting snow? Are you sure you live in Seattle?
Yup, Seattle, where the women are liberal, the men are more so, the coffee is strong, fair-trade, and organic, and the free wireless is strong, hot, and omnipresent.
The freezing cold and melting snow thing was supposed to point out the Hype Level on the new Intel chip is just that - off the scale.
Dry humor - used in Britain, and occassionally on the Net.
My 54Mbps wireless usually get about 33... I have *never* seen it go to 54Mbps. My wired network (100Mbps) has transfer speeds of a little less than 10,000KB/s, which I figure to be about 80% of the rated speed. My wireless connection (54Mbps) gets transfer speeds around 3,000KB/s, which is closer to 45% of the rated speed. You are either very lucky, or wrong, with your wireless reaching it's rated speed. Enjoy your 8 Gbps cable modem...
well, as I said, it could be where I live, we're one of the most wired and unwired neighborhoods in all of Seattle, where Getty Images and Adobe are located, and have more Thai food and free wireless hotspots than almost everyone. Fremont, in Seattle.
Here at the UW we have wide fat pipes that make cable modem look sick. Especially at the UW Medical Center, cause we process genomes and do long-distance surgery and that kind of thing.
i didn't say i borrowed the connections (and there's a bunch) when they were using them.
besides, as I said, i just got a 108 Mbps wireless hub, so we'll see how it handles my 8 Gbps cable modem splitting, both single use (with the other Macs and PC boxen off) and split (with the Mac and PC boxes on).
I also have a DSL line, and that's slower than my wireless is.
It could be because I live in a valley called Fremont in Seattle, where wireless is cheap, strong, and organic fair-trade, like our coffee. Maybe we have less interference due to our geography and all the nice high-test wireless provided - we also have Internet 2 for some of the UW offices in our neighborhood which is even faster.
As I said, your mileage may vary, I don't live where you do, and all I know is relative speed comparisons at different signal strengths and in comparison with my cable modem and DSL speeds.
Can you offer any ideas in the nuclear sector?
GMP - Green Mountain Power has been very very good to me, and sometimes I've bought Con-Edison when it's been cheap.
Not that interested in nuclear sector, more established firms that can leverage wind power and make a good profit and dividend. Notice that FPL is doing an RFQ for more power generation in today's Wall Street Journal (ad in there), and have some GE holdings for example. Some Spanish firms good for wind plays.
t's 16th cores will execute infinite loop longer than AMD anyway.
And at 256 times the price, it's a bargain!
How will I keep myself warm in the freezing cold Seattle winters without all that extra wattage?
... last time I tried that, putting the chips on top of the clock, they got kind of squishy from all the melting snow, and the avocado dip switches wouldn't work ...
Maybe I'll have to overclock it
---
on a serious note, sure it's speculation, but it isn't too surprising, especially given what some of the Chinese firms were saying previously.
first it's 54mbps. second just because the little icon says "Connected at XXmbps" doesn't mean you're getting that in actual throughput. And you've certainly got no way of testing that with a borrowed internet connection (that is no doubt much slower than 54mbps). on top of that 802.11g doesn't ever get close to sustained 54mbps, more like 20mbps in optimal situations.
I don't know, i kind of thought massive downloads of WinXP patches kind of worked pretty well for benchmarks, since I did that after I firewalled the laptop over the wireless connection, and I knew how big they were.
But, yes, as I said, it tends to vary between about 22 and 33 MBps and sometimes 52 MBps. Only occassionally do I get 11 Mbps.
Now I have never used the 54 Mbps stuff but from my experience with the 11 and 22 Mbps equipment I can say that you get no where near that speed even with the antennas nearly touching each other. My 22 Mbps network gets around 6 Mbps in actual use, I have never seen it go above that. And when I was on 11 Mbps it literally topped out at exactly half that speed (3 Mbps). It seems like we have all been duped.
I'd have to disagree. I have a 52 Mbps 11b/g wireless built in to my AMD laptop (eMachines) and I frequently get 33 Mbps or 52 Mbps, and that's piggybacking off of my neighbors or the coffee shops down the street.
Just bought a 108 Mbps wireless box with 4 hard LAN ports out so my old PCs and my new laptop can share it and I'll see what it actually cranks out, but I'm not too concerned.
But if they have credit card debt, they probably should not be investing in the stock market at all.
Exactly my point.
Paying off credit card debt should be assessed as if it were any other type of investment. How many investments do you know that...
* Pay 10 to 20% annual return guaranteed.
* Are tax free.
* Are risk free.
* Lower your cost of borrowing.
* Lower your anxiety level.
Now, if you have a match on retirement savings - I have a full match on 7.5 percent of my salary for example - that has a higher return than paying off credit card debt.
Let's say you put aside 1 percent and they match 1 percent - that's 2 dollars for every dollar put in - better than a credit card. Let's say it's a 2:1 match - you put in 2 dollars they match half - that's 33 percent, still better than even rate-gouging credit cards.
But, in general, you're right.
Is it me or does the parent sound like some "stock tips" spam that's been going around lately?
Nope, it's just you. I turn those in to the SEC at the San Francisco branch all the time.
I did point out what I'm doing, I'm not planning on buying into Google, but I usually get involved in four or five IPOs a year, so my advice is worth what you paid for it.
[they're not charging for slashdot yet, are they?]
Time to buy a TON of Google! This time is REALLY different! I'm pouring everthing into Google! Just as soon as I finish selling all of these tulip bulbs ...
Me too, I'm taking a random walk down Wall Street, going to see if my North American Exploration shares are selling well in Paris, and cashing in my Peruvian Gold Mining stocks and Florida land futures to buy into Google!
except frequently, a secondary IPO is an offering of an amount of stock (or bonds or ETF) that is equal in size or larger to the initial IPO.
So if one couldn't get shares, it means a large chunk gets offered up all it once - technically it can mean the stock drops a bit for a while, after the initial excitement, and once can pick up a few shares in a week or two for a lot less.
But, in practise, that is not normally the case.
1. Google is better than any investment in the world right now. Their brainpower puts Mensa to shame.
...
I've heard that one before - reminds me of Enron, actually
2. Stop giving investment advice on the internet. No one asked and no one who is in their right mind would log onto their ETrade accounts after reading the ramblings of some Slashdot poster
Except I'm the guy - ok, my other WillAffleck account, but the same person - who gave people practical advice when the Red Hat IPO happened, including what the NASD and SEC were and how to contact them.
We've been thru this hype before. I didn't say it wasn't a good investment - heck, I still have a few hundred shares of Red Hat today - I just said that a secondary IPO for Google has - implicitly - a higher downside risk than the initial IPO and that you should think before you leap and consider not putting all your eggs in one basket.
That's not risky advice, it's sound advice - and you know it. So, how many shares or options of Google do you currently hold or have influence over? My guess is it's more than you've said so far.
For example, I usually invest around $10,000 in a normal investment, $5000 in a slightly risky investment [a hunch], and $1000 in a highly risky investment [most IPOs and risky stocks].
There's nothing worse than being right about an investment for the right reasons, but failing to put a decent amount of money into it.
There's a reason why you want to invest a reasonable amount in every stock. It's so that you seriously think and research it before pulling the trigger.
If you invest too little in a stock, not only do not make much money, but you tend to get lazy. Instead of doing all that tiresome reading and analysis of the financial reports, circulars, credit rating reports, and so forth, you just say "what the heck, it's only beer money", and buy.
This is most important at high risk levels because that's where research really pays off. For 5-year investment-grade bonds, for example, research isn't as critical.
My advice is intended for most people on slashdot, who don't tend to have a lot of experience investing, probably don't really read thru the footnotes on the annual reports, or check to see how much cost is burned up by options or follow thru on the value of unexercised options.
For those people, a reasonable level of risk is never more than 10 percent of stock investments, especially if they have credit card debts. Which they probably do.
What's the best way for a stock market newbie to purchase some of this stock?
Online? Throung a magician-agent? or what?
If you're a newbie, I don't recommend it.
However, if you're serious, easiest is get an E*Trade or HarrisDirect or one of the other online trading accounts, put the money in, and remember that it's transaction costs that eat you alive.
Then put in a stop-loss order in case it dives - at the point where you would go insane if you lost it - and a warning alert set to email you if it goes above a certain amount where you should sell it.
Or, as an alternative, buy it and then only look at it every three months or so.
If you follow it everyday you'll probably do something wrong.
And I say this as someone who's been investing since the 1970's and didn't panic during the IPO craze of the late 90's - which was very very good to me and my family ...
Just because a stock is valued at $XX today doesn't mean it can't just as easily go down as up.
And when something is new to the market, valuation is still uncertain and the risk of it going down - contrary to most investors expectations - is higher than the risk of it going up.
However, as a caveat, I should say that some of the secondary offerings and post-IPO investments in certain companies have been very very profitable for me - Red Hat, Coach - which I bought at IPO, held for a bit, sold all or part of, and bought back in when most insiders unloaded their shares.
So, it's more a question of: Is Google worth MORE than this valuation in the future and is this BETTER than other investments?
I'm putting money in Japan and Euro value plays mostly - with money in dividend yielding energy stocks that AREN'T oil-based (wind, solar, geothermal, nuclear fission, clean coal).
But if you want to spend your money, do what I do - never invest more than you can lose, and if it's risky - unless you're really really certain [e.g. RedHat or Coach in my case] - spend LESS than on a typical investment.
For example, I usually invest around $10,000 in a normal investment, $5000 in a slightly risky investment [a hunch], and $1000 in a highly risky investment [most IPOs and risky stocks].
Your mileage may vary.
Sound like someone was watching the videos of dot hack slash - or the manga - and realized that the downfall of the Cerulean Knights could be done in real life.
In the anime, a bunch of kids kill off other players for fun, but there is a band of knights that protect players from unscruplous players who do things like rob or jack other players.
sigh.
personally, I'm more worried about machines that run fulltime, sometimes for weeks without being checked, in labs.
A few were infected here at the UW.
Ce que les americains appellaient "french fries" a ete invente en fait par les belges.
...
Si c'est la verite', la prochaine idee vous me dire serait que Hercule Poirot ne parle pas le Francais.
Oui, je sait ca, mai c'est vrai que toujours l'information a besoin de la liberte'
C'est dommage pour la Pomme, mais si tout le monde peut utiliser ca, c'est tres cher pour la Pomme.
Franzosen sind so gar nicht i18n.
Nein, mein herr, den haxxoren lieben dieser.
patented by MSFT.
C'est dommage pour la Pomme, mais si tout le monde peut utiliser ca, c'est tres cher pour la Pomme.
that's like saying that the Shuttle is totally working, even when it crashes due to wing design or o-ring design.
...
sure, the shuttle works, but if it still crashes, blaming it on something else just points out how flaky it is.
same goes for the xBox.
now, mind you, you can get the GameCube to flake out too