Intrepid_Timer's PUBLIC Account Talk

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Thanks I_T. I am so glad I decided to follow you. It's nice to be up instead of losing in my account because of my hesitancy and terrible timing. :)
 
I-T, another great quote today - Money is neither my God nor Devil, it's just an energy that makes me more of what I already am (paraphrased) - love it!
 
The General said:
I-T, another great quote today - Money is neither my God nor Devil, it's just an energy that makes me more of what I already am (paraphrased) - love it!
Click to expand...

Thanks, I loved it too! :)

If you are a jerk, money will only exasperate that. If you are a good person, money affords you different opportunities to show that goodness. Not that money is needed to show it, it just gives you other avenues to show it. ;)
 
Yup, I follow Mercola pretty closely. Never did too much trust the FDA either since I saw a special on Canadian TV with interviews of former FDA Scientists telling how deeply they are swayed by Big Pharma. These guys had their notes and all with all the line out's and exclusions senior management forced on them. It was a real eye opener, too bad it didn't make 60 Minutes ect but you know how that goes. They even went into the drugs trial process, what it was and more importantly what it wasn't. How all reporting was voluntary and the input went directly back to the companies where all reporting was pretty much voluntary. Also how they up the dosages as they go along and trust this mostly voluntary reporting system to monitor it all. You have to remember these guys were all former senior researchers / reviewers not hiding their identities showing all their assessments that got squelched or deleted. Absolutely nothing to hide or any financial gain whatsoever.
That's one the Reganites don't speak of in his 100 year celebration; how his boys sold out to Big Pharma and turned the controls over to them almost completely. All this is a good reason to take any US FDA drug approvals with a big grain of salt and look to the European reviews. Could it be Senior Management would be influenced by $$$ in the government I know:rolleyes::rolleyes:?
Take a look at Mercola's article from a week ago with the video of the Physician, Retired Astronaut who thinks Lipitor gave him Dementia. That will make you walk around the golf course and drop that cheeseburger. I can't remember his name but he has done a lot of private research himself and this guy is no dummy. You also have to consider that former astronauts health is constantly and closely monitored till the day they die. Like I said, drop that cheeseburger before reading:embarrest:.
 
+1 :)

I did vaccine research off and on for years, beginning at USAMRIID. I know all about the "making it fit" side of research............:rolleyes:


driz said:
Yup, I follow Mercola pretty closely. Never did too much trust the FDA either since I saw a special on Canadian TV with interviews of former FDA Scientists telling how deeply they are swayed by Big Pharma. These guys had their notes and all with all the line out's and exclusions senior management forced on them. It was a real eye opener, too bad it didn't make 60 Minutes ect but you know how that goes. They even went into the drugs trial process, what it was and more importantly what it wasn't. How all reporting was voluntary and the input went directly back to the companies where all reporting was pretty much voluntary. Also how they up the dosages as they go along and trust this mostly voluntary reporting system to monitor it all. You have to remember these guys were all former senior researchers / reviewers not hiding their identities showing all their assessments that got squelched or deleted. Absolutely nothing to hide or any financial gain whatsoever.
That's one the Reganites don't speak of in his 100 year celebration; how his boys sold out to Big Pharma and turned the controls over to them almost completely. All this is a good reason to take any US FDA drug approvals with a big grain of salt and look to the European reviews. Could it be Senior Management would be influenced by $$$ in the government I know?
Take a look at Mercola's article from a week ago with the video of the Physician, Retired Astronaut who thinks Lipitor gave him Dementia. That will make you walk around the golf course and drop that cheeseburger. I can't remember his name but he has done a lot of private research himself and this guy is no dummy. You also have to consider that former astronauts health is constantly and closely monitored till the day they die. Like I said, drop that cheeseburger before reading.
Click to expand...
 
Have you had any experience in purchasing a margin? I was wondering if I applied for a margin and are approved, it doesn't actually cost me anything unless I use it, right?

If you have a margin, do you have a rule of thumb that you follow such as not using more of the margin than you have invested of your own money?

Thanks!
 
david.alan.williams said:
Have you had any experience in purchasing a margin? I was wondering if I applied for a margin and are approved, it doesn't actually cost me anything unless I use it, right?

If you have a margin, do you have a rule of thumb that you follow such as not using more of the margin than you have invested of your own money?

Thanks!
Click to expand...

This should be in Birchtree's thread. ;)
 
david.alan.williams said:
Have you had any experience in purchasing a margin? I was wondering if I applied for a margin and are approved, it doesn't actually cost me anything unless I use it, right?

If you have a margin, do you have a rule of thumb that you follow such as not using more of the margin than you have invested of your own money?

Thanks!
Click to expand...

I haven't used a margin account yet. I do have like 68 cents in margin in my USAA account, but don't know where it came from..............:confused:

If I were to use margin, I think I would only use it for long positions in a bull market and for short positions in a bear market. Pretty dangerous betting against the trend.............I would definitely have money readily available to back it up also, in case a margin call is made and you have to add some money to cover the margin requirements.
 
david.alan.williams said:
Have you had any experience in purchasing a margin? I was wondering if I applied for a margin and are approved, it doesn't actually cost me anything unless I use it, right?

If you have a margin, do you have a rule of thumb that you follow such as not using more of the margin than you have invested of your own money?

Thanks!
Click to expand...

Right, it's like a line of credit. If you don't use it, you pay no interest, but it's there if you want to try it :) Search 'margin account'.

http://www.scottrade.com/investment_services/margin_accounts.asp

Maintenance Margin
What Does Maintenance Margin Mean?
The minimum amount of equity that must be maintained in a margin account. In the context of the NYSE and NASD, after an investor has bought securities on margin, the minimum required level of margin is 25% of the total market value of the securities in the margin account. Keep in mind that this level is a minimum, and many brokerages have higher maintenance requirements of 30-40%.

Also referred to as "minimum maintenance" or "maintenance requirement". Investopedia explains Maintenance Margin
As governed by the Federal Reserve's Regulation T, when a trader buys on margin, key levels must be maintained throughout the life of the trade. First off, a broker cannot extend any credit to accounts with less than $2,000 in cash (or securities). Second, the initial margin of 50% is required for a trade to be entered. Finally, the maintenance margin says that an equity level of at least 25% must be maintained. The investor will be hit with a margin call if the value of securities falls below the maintenance margin
 
Last edited:
wvango said:
Question: If I make an IFT today to pull all fund into G, will this IFT count as one of the 2 for March?
Click to expand...

It will not count as one of your IFT for March if you do it before noon est. I rather stay in equities in the beginning of the month for the anticipated "bounce" if I were you.
 
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