Bradford86 (11:09:24 AM): so, cedc?
Writer0224 (11:09:47 AM): i have no money
Bradford86 (11:34:45 AM): blah.
Writer0224 (11:34:53 AM): well done so far
Bradford86 (11:34:59 AM): i'm losing my ass
Writer0224 (11:35:01 AM): rest fo the market is dying
Writer0224 (11:35:16 AM): be patient
Bradford86 (11:35:25 AM): i'm thinking it's going to go lower
Writer0224 (11:35:44 AM): my guess is a bounce at 8,000 again
Bradford86 (11:36:56 AM): i need to figure out a student loan
Bradford86 (11:38:41 AM): blah.
Bradford86 (11:38:57 AM): cause i think the USA is going down the tubes
Bradford86 (11:39:13 AM): i think we could go down another 30-40%
Writer0224 (11:42:24 AM): remember, the market is a leading indicator
Writer0224 (11:42:33 AM): and at 8,000 no one sells
Bradford86 (11:42:43 AM): what about russia?
Bradford86 (11:42:49 AM): theyre down huge
Writer0224 (11:42:49 AM): at 8,000 you ahve the hard holds
Writer0224 (11:43:00 AM): russia is the wild west
Writer0224 (11:43:20 AM): if you pllay in russia you are gambling with politics
Bradford86 (11:43:26 AM): true.
Bradford86 (11:43:54 AM): how much longer do you think this crazy turmoil is going to last?
Bradford86 (11:44:15 AM): 6 months from now.
Bradford86 (11:44:23 AM): i dont think it will be worse
Writer0224 (11:44:25 AM): if you speculate with money you need, which is exactly what you chose to do, you will losemost of the tme
Writer0224 (11:44:35 AM): no i think we can wait it out
Writer0224 (11:45:02 AM): but you are using every ounce of your "good will grandma" safety net doing it
Writer0224 (11:45:35 AM): you have no income
Writer0224 (11:45:41 AM): you have only expenses
Writer0224 (11:45:53 AM): and you gambled your college funding away
Writer0224 (11:46:02 AM): exactly what i told you not to do
Writer0224 (11:47:10 AM): long term you are still strong because 4 years from now you should be making 60-100 grand
Writer0224 (11:47:43 AM): but the reality is the economic climate is getting worse daily and thos high flying jobs are fewer
Writer0224 (11:48:23 AM): but you have positioned yourself to be very highly competitive for those positions
Writer0224 (11:48:28 AM): and you are networking
Writer0224 (11:48:40 AM): hence your long term outlook is goof
Writer0224 (11:48:43 AM): off to golf
Writer0224 (11:48:52 AM): good, not goof
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Bradford86 (5:33:08 PM): anything exciting/
Writer0224 (5:33:14 PM): nah
Writer0224 (5:33:20 PM): ride the horse
Bradford86 (5:33:22 PM): i met this kid today
Writer0224 (5:33:42 PM): ok
Bradford86 (5:33:43 PM): he used Artificial intelligence/neural networks and fuzzy logic..
Writer0224 (5:33:52 PM): ok
Bradford86 (5:33:53 PM): to manipulate the stock market and make money
Writer0224 (5:34:09 PM): the feds will catch up to him
Bradford86 (5:34:13 PM): starting with just $500
Bradford86 (5:34:22 PM): and $9 trades
Writer0224 (5:35:51 PM): this obama thing realy has legs......i think it is great
Bradford86 (5:36:01 PM): what do you mean?
Writer0224 (5:36:05 PM): its all over the local news here
Bradford86 (5:37:12 PM): i got an email from purdue
Bradford86 (5:37:19 PM): bills are coming out mid-november
Writer0224 (5:37:26 PM): ok
Bradford86 (5:39:44 PM): yep.
Bradford86 (5:40:02 PM): i'm going to need to come up with about $16,000
Writer0224 (5:40:17 PM): for the spring?
Bradford86 (5:40:20 PM): yes.
Bradford86 (5:40:38 PM): tuition is $11000
Bradford86 (5:40:56 PM): room and board is 2000
Bradford86 (5:41:05 PM): food is $2000
Writer0224 (5:41:09 PM): well  where are you going to get that?
Bradford86 (5:41:24 PM): and then i need $1000 to transition to a summer job and prepayments of stuff
Writer0224 (5:41:36 PM): ok
Bradford86 (5:42:01 PM): well. i only am selling my stocks if i have to.
Bradford86 (5:42:11 PM): that's last resort.
Bradford86 (5:42:24 PM): i am willing to take on loans --- up to $100K
Writer0224 (5:42:49 PM): well they will take your stocks as collateral
Bradford86 (5:42:54 PM): i already have $15000 in loans
Bradford86 (5:43:23 PM): but, it's forecasted i'll need another $20,000 in loans over the next year
Bradford86 (5:43:30 PM): assuming worst case scenerio
Bradford86 (5:43:38 PM): actually.. $24000 is worst case
Bradford86 (5:44:05 PM): so that puts me at 15000+16000+24000=50K
Bradford86 (5:44:44 PM): that's worst case.
Bradford86 (5:44:49 PM): assuming i can get loans
Bradford86 (5:44:59 PM): and assuming all my stocks are worth 0
Writer0224 (5:45:00 PM): well  we had it set so you got thru without a loan
Bradford86 (5:45:27 PM): not really --- but sure
Writer0224 (5:45:30 PM): and we have argued against speculation every step of the way
Bradford86 (5:45:35 PM): yep 
Bradford86 (5:45:40 PM): i'm not asking for mercy.
Writer0224 (5:45:48 PM): i know
Writer0224 (5:46:01 PM): but 50,000 was the mortgae on my first house
Writer0224 (5:46:14 PM): and all you will have is thin air
Bradford86 (5:46:22 PM): ?
Bradford86 (5:46:37 PM): ha.
Writer0224 (5:50:15 PM): you have potential
Bradford86 (5:50:25 PM): that's about it.
Writer0224 (5:50:57 PM): have you approached a bank about taking your sotcks for collateral?
Bradford86 (5:51:09 PM): no --- grandma would rather finance me.
Writer0224 (5:51:10 PM): or is gma wolf going to loan you money?
Writer0224 (5:51:14 PM): ok
Writer0224 (5:51:21 PM): she knows the numbers?
Bradford86 (5:51:30 PM): i need to call and let her know
Writer0224 (5:51:36 PM): ok
Writer0224 (5:51:49 PM): you have a lot of Tom bradford in you
Bradford86 (5:52:06 PM): i agree.
Bradford86 (5:52:13 PM): i'm not risk averse
Writer0224 (5:52:14 PM): I never went bankrupt even using my wildest schemes
Writer0224 (5:52:30 PM): he went bankrupt and sold cars for 6 months
Writer0224 (5:52:57 PM): but he pulled out of it only after he changed his risk by working for someone else
Bradford86 (5:53:15 PM): interesting.
Writer0224 (5:53:22 PM): if he had his own business with no one to control him, he would go under again
Bradford86 (5:53:39 PM): haha
Writer0224 (5:53:51 PM): that's the truth
Bradford86 (5:53:52 PM): you're probably right
Bradford86 (5:53:58 PM): he loves growth
Writer0224 (5:54:04 PM): tom has no concept of money
Writer0224 (5:54:08 PM): he jsut spends it
Bradford86 (5:54:10 PM): the aspect of growth is contageous
Writer0224 (5:54:27 PM): well it contradicts my theory
Writer0224 (5:54:38 PM): somewhere in the middle is the right way
Bradford86 (5:54:43 PM): my theory is this:
Bradford86 (5:54:50 PM): i've got 40 years
Bradford86 (5:55:16 PM): and i'm getting a degree in something that is in demand and a masters in business
Bradford86 (5:55:40 PM): playing around with $40K right now isn't unfeasible.
Bradford86 (5:55:57 PM): and, i'd rather play now than in 6 months.
Writer0224 (5:56:03 PM): you dont have a job yet
Writer0224 (5:56:18 PM): you ar eplaying with other people's money
Bradford86 (5:56:19 PM): i will get a job unless i become disabled
Bradford86 (5:56:28 PM): if i get hit by a car
Bradford86 (5:56:29 PM): or die
Bradford86 (5:56:32 PM): or something
Bradford86 (5:56:37 PM): then all bets are off
Writer0224 (5:56:54 PM): i would prefer you play more conservative until you have your own money
Writer0224 (5:57:19 PM): then if you go bankrupt on some wild scheme or scandal, it is your problem, not ours
Writer0224 (5:57:44 PM): it took me a long time to build a safetynet
Bradford86 (5:58:01 PM): mom was knitting the safety net the entire time
Writer0224 (5:58:06 PM): yep
Writer0224 (5:58:24 PM): but i was the one making sure it was reasonable
Writer0224 (5:59:02 PM): i was the one who demanded we pay off the house
Writer0224 (5:59:15 PM): i was the one who set up the aggressive college plan
Writer0224 (5:59:43 PM): i dont buy anything, ever
Bradford86 (5:59:47 PM): you are a julie.
Bradford86 (5:59:53 PM): julie's 90% you
Writer0224 (5:59:58 PM): there are two ways to live
Writer0224 (6:00:08 PM): lots of ways to live
Bradford86 (6:00:17 PM): in debt or in cash?
Writer0224 (6:00:40 PM): but if you decide to go big, you will soon have obligations to other people
Writer0224 (6:00:48 PM): and you will be another richard
Writer0224 (6:01:11 PM): its fine once you ahve your own money
Writer0224 (6:01:30 PM): and in the long run, borrowing from gma is the right thing to do
Writer0224 (6:01:40 PM): selling at a low is not a good idea
Writer0224 (6:02:07 PM): however, you were set to pay offeverything thru your senior year
Writer0224 (6:02:19 PM): and maybe have to borrow 15,000 for the mba
Bradford86 (6:02:34 PM): you're right
Bradford86 (6:02:39 PM): without the co-op 
Writer0224 (6:02:44 PM): now you are looking at 50,000
Bradford86 (6:02:51 PM): i was set to be -15000 before graduation
Writer0224 (6:02:57 PM): 10,000 of which is Julies
Bradford86 (6:03:07 PM): i only owe julie 6000
Bradford86 (6:03:25 PM): and the purpose of that is to teach her what a loan is.
Writer0224 (6:03:45 PM): well you need to learn what cashflow management is
Bradford86 (6:03:49 PM): i tried to make her think about money --- but she failed credit cards
Bradford86 (6:03:50 PM): haha
Writer0224 (6:04:02 PM): she only blew it once
Bradford86 (6:04:23 PM): 5/3 was a terrible idea that i vetoed from day 1
Writer0224 (6:04:36 PM): at any rate....i need to go
Bradford86 (6:04:39 PM): how's mom?
Writer0224 (6:04:43 PM): try to elarn from this
Writer0224 (6:04:50 PM): she is just driving in
Bradford86 (6:05:00 PM): "glen says hi"
Bradford86 (6:05:07 PM): "my ipod kind of works"
Writer0224 (6:05:17 PM): only because glen wants her to buy cedc?
Writer0224 (6:05:19 PM): lol
Bradford86 (6:05:19 PM): "it breaks down and works about 1/4 of the time"
Writer0224 (6:05:39 PM): well you may want to buy a new one  or get one for xmas
Writer0224 (6:05:49 PM): gtg
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Writer0224 (6:36:54 PM): did you understand my point?
Bradford86 (6:37:57 PM): yes
Writer0224 (6:38:13 PM): at this point, your best move is to borrow from gma
Writer0224 (6:38:52 PM): however, you have to look past your own ego to learn responsible cashflow planning
Writer0224 (6:40:01 PM): you should have kept at least 10,000 out for this spring somewhere safe in a CD
Writer0224 (6:40:23 PM): you dont'e beleive in paper trading, which is what doug hall does
Writer0224 (6:41:10 PM): now your backk is against the wall and you escape only because gma is willing to loan you money with a smile
Writer0224 (6:41:43 PM): tom and your gradfather hid certain assets from the bank when the bank made tom go bankrupt
Bradford86 (6:41:50 PM): yeah?
Writer0224 (6:41:53 PM): yeah
Bradford86 (6:41:55 PM): what did they hide?
Bradford86 (6:42:06 PM): and how did they hide it?
Writer0224 (6:42:11 PM): iim not sure and tom isnt about to discuss it
Bradford86 (6:42:23 PM): like, money?
Bradford86 (6:42:25 PM): like in a box?
Writer0224 (6:42:52 PM): no  like pieces of equipment not listed on the UCC that the bank had bought for him
Writer0224 (6:43:07 PM): at any rate.....you need to slow it down
Bradford86 (6:43:10 PM): interesting.
Bradford86 (6:43:26 PM): i concur.
Writer0224 (6:43:26 PM): and look at borrowing this money as an admission of failure of your plan
Bradford86 (6:43:32 PM): it definately is
Writer0224 (6:43:49 PM): now, figure out a plan that works
Writer0224 (6:44:15 PM): you are using up "good will" early
Writer0224 (6:44:39 PM): you are essentially supposed to be standing on your own right now
Writer0224 (6:44:51 PM): and you ahve to borrow from grandma
Writer0224 (6:45:10 PM): and,again, right now it is the best strategy
Writer0224 (6:45:33 PM): but a good manager learns from these kinds of huge blunders
Writer0224 (6:46:03 PM): so, that is the point...
Writer0224 (6:46:12 PM): good move to borrow from grandma
Bradford86 (6:46:13 PM): i'm definately not standing on my own
Writer0224 (6:46:23 PM): better move to learn from this huge blunder
Writer0224 (6:47:00 PM): if you had paper traded, and put your "gatta have it" money away, you would be miles ahead.
Bradford86 (6:47:15 PM): well, that's true
Writer0224 (6:47:21 PM): all it takes is a solid market move
Writer0224 (6:47:30 PM): to let you tell me i told you so
Writer0224 (6:47:43 PM): and im hoping it will happen
Writer0224 (6:48:17 PM): But, under NO circumstances should you put ANY of Gma's money into ANY market ANYWHERE
Writer0224 (6:48:22 PM): Understand?
Bradford86 (6:48:24 PM): well, haha --- it's douubtful
Bradford86 (6:48:29 PM): i'm not putting any of hers in
Bradford86 (6:48:32 PM): i'm already under
Writer0224 (6:48:51 PM): her money goes straight for education
Bradford86 (6:49:00 PM): i'm into the realm of "i cant afford to gamble"
Writer0224 (6:49:03 PM): and when you get a job, you start paying her off
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Writer0224 (9:07:56 PM): keep next friday night open
Writer0224 (9:08:19 PM): if you want a free dinner
Writer0224 (9:08:28 PM): It is Julie's birthday
Writer0224 (9:09:06 PM): we will meet you1/2 way   Logansport or North Judson
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Writer0224 (6:35:13 PM): there?
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Bradford86 (7:37:32 PM): hey
Writer0224 (7:38:26 PM): hey
Bradford86 (7:38:31 PM): what's up?
Writer0224 (7:39:03 PM): next friday we are going to take Julie out for her birthday dinner
Writer0224 (7:39:10 PM): you are invited
Writer0224 (7:39:22 PM): we will meet whoever 1/2 way
Bradford86 (7:39:38 PM): great.
Writer0224 (7:39:40 PM): are your mab classes late classes?
Writer0224 (7:39:49 PM): probably logansport
Bradford86 (7:40:07 PM): i get out at 1230 usually
Writer0224 (7:40:13 PM): there is a very nice ponderosa in logansport
Writer0224 (7:40:31 PM): im not sure what else is there
Bradford86 (7:40:40 PM): well, me either
Bradford86 (7:40:49 PM): i dont know why we're doing it
Writer0224 (7:40:50 PM): ok
Writer0224 (7:40:59 PM): julie's birthday
Bradford86 (7:41:02 PM): haha.
Bradford86 (7:41:15 PM): i'm probably dumping cbi and getting more bucy
Writer0224 (7:41:25 PM): ok
Bradford86 (7:41:26 PM): cbi has had too many 1-time costs
Bradford86 (7:41:36 PM): i dont like that.
Writer0224 (7:41:50 PM): the big decision will be how long the govt carries the Big 3
Writer0224 (7:42:00 PM): and how much money can we borrow?
Bradford86 (7:42:08 PM): good question
Writer0224 (7:43:01 PM): how much does it cost to create and keep a high quality website these days?
Writer0224 (7:43:20 PM): something with a .com
Bradford86 (7:43:21 PM): i would need more specifics to answer that question
Bradford86 (7:43:26 PM): like mine?
Writer0224 (7:43:51 PM): im considering starting a professional looking Michiana Soccer Website
Writer0224 (7:44:06 PM): i have a guy just like me who will maintain the site
Writer0224 (7:44:10 PM): and design it
Writer0224 (7:44:17 PM): I jsut ahve to organize it
Writer0224 (7:44:37 PM): the tribue sucks big time at soccer coverage  and it is getting worse
Bradford86 (7:44:48 PM): well.
Writer0224 (7:44:59 PM): under $500?
Bradford86 (7:45:20 PM): he'd do the coding?
Bradford86 (7:45:23 PM): or what?
Writer0224 (7:45:32 PM): one of the big programs
Bradford86 (7:45:32 PM): or just the updating
Writer0224 (7:45:40 PM): he would design it
Writer0224 (7:45:52 PM): he took a class in website deisgn i think
Bradford86 (7:45:59 PM): so -- you just want to know the costs of a host and a domain name
Writer0224 (7:46:07 PM): yep
Bradford86 (7:46:39 PM): http://www.godaddy.com/
Writer0224 (7:47:18 PM): $10?
Bradford86 (7:47:22 PM): yep
Writer0224 (7:47:27 PM): cool
Writer0224 (7:47:35 PM): and to maintain the rights?
Writer0224 (7:48:59 PM): ok  im going to do another of my marketing videos
Writer0224 (7:49:06 PM): hope all is going well.
Bradford86 (7:49:07 PM): alright?
Writer0224 (7:49:16 PM): yep
Writer0224 (7:49:38 PM): take my concern as advice
Writer0224 (7:50:04 PM): your overall strategy is cash management, not total gambling/speculation
Bradford86 (7:50:27 PM): my concern is that i have no money ---- i've squandered it all
Writer0224 (7:50:40 PM): not squandered yet
Writer0224 (7:50:56 PM): invested in highly speculative stocks  yes
Writer0224 (7:51:16 PM): what has cedc done the last two days?
Bradford86 (7:51:30 PM): i think it's at 29
Writer0224 (7:51:51 PM): your options are at 30?
Bradford86 (7:52:02 PM): yes
Writer0224 (7:52:14 PM): ok...can you just let it sit for the next 30 days?
Bradford86 (7:52:23 PM): let cedc sit for 30 days?
Bradford86 (7:52:28 PM): of course
Writer0224 (7:52:32 PM): your portfolio
Bradford86 (7:52:32 PM): i'm letting that ride
Bradford86 (7:52:43 PM): well, i need to make a decision on cbi
Writer0224 (7:52:54 PM): xin was up
Bradford86 (7:53:01 PM): yep, i grow bearish
Bradford86 (7:53:09 PM): as stocks go up, i grow bearish
Bradford86 (7:53:44 PM): bucy is kind of like cedc right now
Bradford86 (7:53:53 PM): unfortunately, bucy options are more expensive
Bradford86 (7:53:57 PM): so, i'm not buying options
Writer0224 (7:54:00 PM): you need to be patient,,,choose reasonable stocks  and quit making ameritrade rich
Bradford86 (7:54:21 PM): that's the thing --- what do i do when i decide that some of my stocks aren't reasonable anymore?
Writer0224 (7:54:51 PM): how can they go from reasonable to unreasonable in 15 days?
Bradford86 (7:57:04 PM):   Chicago Bridge & Iron Company N.V. announced that it is adjusting its fiscal 2008 revenue guidance to $5.9 billion to $6.1 billion and earnings guidance to a $0.10 to $0.30 loss per share. According to Reuters Estimates, analysts are expecting the Company to report revenue of $6.1 billion for fiscal 2008.   

Bradford86 (7:57:33 PM): they've chalked up 3 stupid losses over the last 2 years
Bradford86 (7:57:41 PM): i thought it was a 1-time thing
Bradford86 (7:57:45 PM): i'm not so sure anymore.
Writer0224 (7:57:57 PM): how much have you lost on the stock?
Bradford86 (7:58:04 PM): cbi?
Bradford86 (7:58:20 PM): probably big
Bradford86 (7:58:49 PM): http://community.investopedia.com/news/IA/2008/Cracks-Appear-Around-CBI-CBI1104.aspx?partner=YahooSA
Writer0224 (7:58:53 PM): well at least you won't have to pay taxes this year
Writer0224 (7:58:59 PM): you will get it all back
Bradford86 (7:59:32 PM): that's a bad way to look at it
Writer0224 (8:00:16 PM): one of the cedc dirctors just did something with 400,000 shares
Bradford86 (8:00:23 PM): haha
Writer0224 (8:00:47 PM): looks like just a book keeping thing
Bradford86 (8:01:01 PM): probably redeemed options?
Bradford86 (8:01:03 PM): who knows.
Writer0224 (8:01:53 PM): well it is on yahoo cedc page
Bradford86 (8:03:30 PM): ok
Bradford86 (8:03:40 PM): what are you suggesting?
Writer0224 (8:05:01 PM): if you sell the dog, is it in your account or someone elses?
Bradford86 (8:05:32 PM): they are all mine --- thats how i treat them
Writer0224 (8:05:59 PM): will you lose money or is it someone elses?
Bradford86 (8:06:09 PM): this is someone elses
Writer0224 (8:07:12 PM): do you know how much money you actually have that is in your name in your accounts?
Bradford86 (8:07:28 PM): 9+17+1
Writer0224 (8:07:48 PM): how much was invested?
Bradford86 (8:08:04 PM): 14+28
Writer0224 (8:08:21 PM): where did you get 28000?
Bradford86 (8:08:49 PM): you keep forgetting that i worked 3 rotations at GE and i dont spend money on anything but food/alcohol/rent/school
Bradford86 (8:08:55 PM): gasoline
Writer0224 (8:09:19 PM): is bradford brother 10000 included in that?
Writer0224 (8:09:22 PM): or julie?
Bradford86 (8:09:29 PM): mine is
Bradford86 (8:09:35 PM): bradford bros is
Bradford86 (8:09:40 PM): julies went to college
Bradford86 (8:10:13 PM): that was the point of julies
Writer0224 (8:10:35 PM): so you ahve 27,000 in assets  does that include you iras?
Bradford86 (8:10:40 PM): yes
Writer0224 (8:10:45 PM): ouch
Bradford86 (8:11:00 PM): college costs 10000
Bradford86 (8:11:18 PM): and i've lost about 15000
Writer0224 (8:11:22 PM): well  you have time
Writer0224 (8:11:27 PM): to recover
Writer0224 (8:11:43 PM): i just dont trust the little league stocks
Bradford86 (8:11:54 PM): which ones?
Writer0224 (8:12:01 PM): but they ahve history
Writer0224 (8:12:22 PM): at any rate....im hoping you have lost your teflon image
Bradford86 (8:12:29 PM): my teflon?
Writer0224 (8:12:32 PM): and some of your mispalced confidence
Writer0224 (8:12:42 PM): read some of your early writings
Writer0224 (8:12:57 PM): Go Big or Go Home
Writer0224 (8:13:05 PM): which way are you going?
Bradford86 (8:13:13 PM): i'll be in your driveway tomorrow
Writer0224 (8:13:24 PM): that's thr point.
Bradford86 (8:13:31 PM): do you understand the best i'm making?
Bradford86 (8:13:36 PM): bets*
Writer0224 (8:13:40 PM): yes
Bradford86 (8:13:43 PM): ok.
Writer0224 (8:14:09 PM): by borrowing 16,000 fro your gma, you are betting the markets will go up
Bradford86 (8:14:22 PM): well, the other way to do it is to sell out everything
Bradford86 (8:14:31 PM): so yes, that is what i'm betting
Writer0224 (8:14:36 PM): your safety net is the suppsoed cush job you will get when you graduate
Writer0224 (8:15:29 PM): so you are betting other people's money on unknown but probable future events 
Writer0224 (8:16:30 PM): this economy right now has no effect on mom and I because we dont need the money
Writer0224 (8:16:51 PM): at any rate...enjoy your weekend
Bradford86 (8:16:58 PM): haha
Writer0224 (8:17:02 PM): do you have walkaround money?
Bradford86 (8:17:16 PM): you wish
Writer0224 (8:17:32 PM): so you are tightening down on everything
Bradford86 (8:17:49 PM): i havent been to the bars in a few weeks
Writer0224 (8:18:08 PM): well don't be so tight you ruin your senior year
Writer0224 (8:18:19 PM): you boxed yourself into a little corner
Bradford86 (8:18:26 PM): yes, i did.
Bradford86 (8:18:37 PM): a corner with a 1 year bailout time frame
Bradford86 (8:18:45 PM): bailout or bailin
Writer0224 (8:19:27 PM): are you saying that to graduate, you need 16 from gma now, 16 in the fall and 16 more next spring?
Bradford86 (8:20:06 PM): i was planning to make this next falls tuition in the summer
Writer0224 (8:20:18 PM): ok
Bradford86 (8:20:23 PM): but even without "gambling"
Writer0224 (8:20:24 PM): and live on what?
Bradford86 (8:20:33 PM): i was set for a deficit of 20000
Bradford86 (8:20:36 PM): actually more
Bradford86 (8:20:39 PM): like 30,000
Writer0224 (8:21:33 PM): sucks
Bradford86 (8:21:41 PM): dont worry about it.
Bradford86 (8:21:48 PM): i just need the fafsa filled out correctly
Bradford86 (8:22:34 PM): i just turned my debt from 30,000 to 46000 as it stands
Writer0224 (8:22:46 PM): ouch
Bradford86 (8:22:48 PM): but, i'm very confident that over the next year..
Bradford86 (8:23:02 PM): the market is going to do something
Bradford86 (8:23:06 PM): up, down or sideways
Writer0224 (8:23:08 PM): i think the market will recover half
Writer0224 (8:23:18 PM): how are you going to pay Julie back though?
Bradford86 (8:23:21 PM): if the market recovers half, i double my money.
Bradford86 (8:24:11 PM): if i had to choose a time in the last 10 years to be "all-in"
Bradford86 (8:24:15 PM): what do you think?
Writer0224 (8:24:31 PM): i think she can get through sophomore year with just an interest payment this summer
Bradford86 (8:24:41 PM): julie has a lot of cash
Writer0224 (8:24:44 PM): or maybe just 1/2 of it back
Bradford86 (8:24:44 PM): julie needs a summer job
Writer0224 (8:24:55 PM): well  she will get one
Bradford86 (8:25:09 PM): how much of julie's money have we lost?
Writer0224 (8:25:25 PM): toms deal?
Writer0224 (8:25:35 PM): we wont need that until senior year
Writer0224 (8:25:43 PM): and im confident that will recover
Bradford86 (8:25:58 PM): why's that?
Writer0224 (8:26:05 PM): aapl
Writer0224 (8:26:10 PM): and agu
Writer0224 (8:26:19 PM): both traaditional strong stocks
Bradford86 (8:26:50 PM): the only question i'm asking is, how long is this depression
Writer0224 (8:26:52 PM): julie should be able to get 4 years unscathed
Bradford86 (8:27:02 PM): julie should come out debt free without even having to work a job
Writer0224 (8:27:09 PM): yes
Bradford86 (8:27:19 PM): her college is about 1/8 as expensive as mine
Bradford86 (8:27:30 PM): she's a lucky duck
Bradford86 (8:27:33 PM): i'm the ugly duckling
Writer0224 (8:27:37 PM): because she went after scholarships and got lucky with the state
Writer0224 (8:27:39 PM): yep
Bradford86 (8:27:44 PM): ha.. haha
Writer0224 (8:27:58 PM): just stay focused
Bradford86 (8:28:03 PM): i applied for 2 scholarships a month from senior year in college through sophomore year of college
Writer0224 (8:28:20 PM): you got a couple
Bradford86 (8:28:26 PM): nothing that i applied for
Writer0224 (8:28:35 PM): i was never too worried because my plan was solid
Writer0224 (8:28:45 PM): we had oyour 4 years paid for
Bradford86 (8:28:50 PM): well
Bradford86 (8:28:54 PM): yep
Bradford86 (8:29:02 PM): and then i decided to do the 3+2
Bradford86 (8:29:13 PM): an extra 30,000 and 70000 in foregone income
Writer0224 (8:29:15 PM): maybe i should not have just given you the cah up front
Bradford86 (8:29:29 PM): and then i put 40000 into the market
Writer0224 (8:29:34 PM): so that was my fault
Bradford86 (8:29:38 PM): and turned it into 25000
Bradford86 (8:29:45 PM): you didnt make a mistake.
Writer0224 (8:29:47 PM): so far
Bradford86 (8:29:51 PM): nobody made a mistake.
Bradford86 (8:29:58 PM): just relax
Bradford86 (8:30:08 PM): i'm not afraid of debt
Bradford86 (8:30:21 PM): most business have it
Writer0224 (8:30:39 PM): using my strategy, you would be getting a CD for the balance your last semester
Bradford86 (8:30:56 PM): i wouldnt have money using your strategy
Bradford86 (8:31:05 PM): i would have graduated in 3.5 years
Bradford86 (8:31:07 PM): with a co-op
Writer0224 (8:31:09 PM): paper trading is what i suggested early on
Writer0224 (8:31:27 PM): doesnt matter
Bradford86 (8:31:30 PM): the time frame has been 4 months
Bradford86 (8:31:37 PM): the 4 worst months i've ever seen
Writer0224 (8:31:39 PM): but i will handle maddie totally differently
Bradford86 (8:31:47 PM): why's that?
Bradford86 (8:31:59 PM): just give it to her and let her decide
Writer0224 (8:32:01 PM): she spends money anyway
Writer0224 (8:32:07 PM): i wont do that
Writer0224 (8:32:17 PM): we will set up a safe 4 yr plan
Bradford86 (8:32:36 PM): just be ready.
Bradford86 (8:32:59 PM): but, i am documenting these pessimistic conversations
Writer0224 (8:33:07 PM): i just hope the economy recovers in time for her
Bradford86 (8:33:18 PM): why?
Bradford86 (8:33:26 PM): you act like money is an issue?
Bradford86 (8:33:29 PM): are you financially strapped?
Writer0224 (8:33:42 PM): no..not until im 65
Writer0224 (8:33:46 PM): you are
Bradford86 (8:33:54 PM): my issue is getting loans in the near term
Writer0224 (8:33:55 PM): and i feel someresponsibility for you
Bradford86 (8:33:58 PM): and i found a solution.
Bradford86 (8:34:18 PM): my portfolio at worst case scenerio is worth 10,000
Writer0224 (8:34:29 PM): ok
Bradford86 (8:34:39 PM): and my ira worst case is 7000
Bradford86 (8:34:46 PM): this is the worst case right now.
Writer0224 (8:35:19 PM): ok
Bradford86 (8:35:25 PM): if it cost me 15000 to do something that i actually enjoy doing, so be it
Writer0224 (8:35:34 PM): well give yourself a living wage
Bradford86 (8:35:45 PM): i really cant. and that's ok
Writer0224 (8:35:49 PM): christmas money is not that far off
Bradford86 (8:36:09 PM): haha, i will survive.
Writer0224 (8:36:27 PM): i know and you will look back on this as the fun times
Bradford86 (8:36:33 PM): what i need to do is take out as much student loans as possible unless the family wants to prefer it
Writer0224 (8:36:41 PM): but you used to throw around money like water
Bradford86 (8:36:48 PM): i am very confident that i will make all my money back in 6 months
Bradford86 (8:37:03 PM): like water?
Writer0224 (8:37:13 PM): realtively
Bradford86 (8:37:13 PM): what did i buy that didnt add value to my life?
Writer0224 (8:37:21 PM): lol
Bradford86 (8:37:26 PM): everything i paid a lot for i use a lot
Writer0224 (8:37:41 PM): at any rate......
Bradford86 (8:37:42 PM): the sunglasses have you baffled dont they?
Writer0224 (8:37:50 PM): not at all
Bradford86 (8:37:53 PM): your perspective is very interesting.
Bradford86 (8:38:07 PM): what if i told you that my friends are getting job offers around 130K?
Writer0224 (8:38:33 PM): what if i told you that i haven't seen an offer for you yet?
Bradford86 (8:38:37 PM): i'd rather not work for exxon
Writer0224 (8:38:48 PM): its ok
Writer0224 (8:38:54 PM): im just concerned  
Bradford86 (8:38:58 PM): you should be
Bradford86 (8:39:01 PM): parents dont like risk
Writer0224 (8:39:03 PM): me and debt never got along
Bradford86 (8:39:12 PM): parents want me to get a secure safe job
Bradford86 (8:39:26 PM): and, i want to go balls to the wall, risk it all, do or die
Bradford86 (8:39:38 PM): except, make "educated risks"
Bradford86 (8:39:43 PM): i'm not NFL
Writer0224 (8:40:06 PM): ok
Writer0224 (8:40:33 PM): well   when it becomes your money
Bradford86 (8:40:33 PM): i dont really want to borrow as much as i need from grandma
Writer0224 (8:40:51 PM): which it will in 18 months
Bradford86 (8:40:59 PM): i want student loans
Bradford86 (8:41:04 PM): unfortunately --- i cant get them.
Writer0224 (8:41:12 PM): getting through the 18 months, until you get a real job offer, will be tough
Writer0224 (8:41:23 PM): because of the fafsa?
Bradford86 (8:41:46 PM): i've honestly fucked around with the fafsa for about 20 hours now
Bradford86 (8:41:50 PM): trying to get it to work.
Writer0224 (8:41:51 PM): cant you claim you are solely responsible for your own education as an MBA?
Bradford86 (8:41:57 PM): i can do whatever i want
Bradford86 (8:42:02 PM): whether they listen or not..
Writer0224 (8:42:12 PM): well can you restart from zero on the fafsa
Bradford86 (8:42:22 PM): that's what i'm going to try and do in 2 months
Bradford86 (8:42:35 PM): until then, i'm stuck
Writer0224 (8:43:50 PM): ok  well my point is   you made a mistake in cash managament by gambling money you absolutely needed    do you agree?
Bradford86 (8:44:39 PM): i knew this situation was possible
Writer0224 (8:44:47 PM): i agree with your strategy right now
Writer0224 (8:45:06 PM): borrowing versus reselling is the best strategy
Bradford86 (8:45:09 PM): i knew this situation was possible, i knew what i was getting into
Bradford86 (8:45:15 PM): for better or worse, i was going to do it
Bradford86 (8:45:23 PM): the market was down
Writer0224 (8:45:24 PM): if you were running a business, the banker would shut you down
Bradford86 (8:45:35 PM): at this point... i dont think so.
Writer0224 (8:45:38 PM): that is my point
Bradford86 (8:45:49 PM): the potential is still 1.5 years away
Writer0224 (8:45:54 PM): as soon as you walked in for a loan, they would
Bradford86 (8:45:57 PM): and we're talking 50,000 minimum
Writer0224 (8:46:08 PM): they would tell you to liquidate your stocks to make the payments
Writer0224 (8:46:19 PM): bankers dont think like that
Writer0224 (8:46:31 PM): that is all i am trying to teach you here
Bradford86 (8:46:33 PM): i'm glad i dont have to do that.
Writer0224 (8:46:49 PM): you knew the plan
Bradford86 (8:47:04 PM): i revised the plan about 4 times
Writer0224 (8:47:05 PM): you had a banker (me) backing that plan)
Writer0224 (8:47:10 PM): i know
Bradford86 (8:47:15 PM): 1st time co-op
Bradford86 (8:47:22 PM): 2nd time graduate 3.5
Bradford86 (8:47:27 PM): 3rd time MBA
Bradford86 (8:47:37 PM): 4th time gamble all tuition
Bradford86 (8:47:45 PM): first 2 had me coming out positive
Bradford86 (8:47:51 PM): 3rd increased my potential
Bradford86 (8:48:02 PM): 4th cost me about $20,000 so far
Bradford86 (8:48:24 PM): if i had time to get a job on the side, i would
Writer0224 (8:48:43 PM): will there be time inn the spring semester?
Bradford86 (8:48:55 PM): who knows --- mom told me to graduate
Writer0224 (8:49:11 PM): well walking around money is important
Bradford86 (8:49:17 PM): i'll rob mazen
Writer0224 (8:50:08 PM): ok  enough of this
Writer0224 (8:50:17 PM): learn as you go
Writer0224 (8:50:30 PM): i hope you rub my face in this in a year
Bradford86 (8:50:44 PM): i wont
Writer0224 (8:50:46 PM): it makes everything easier
Writer0224 (8:50:59 PM): its jsut that you ran througha lot of stop signs
Writer0224 (8:51:31 PM): you will make it.
Writer0224 (8:51:40 PM): have some fun tonight
Bradford86 (8:51:58 PM): i'm tired of partying
Bradford86 (8:52:12 PM): the 25 CR have taken that away from me.
Bradford86 (8:52:28 PM): as kim puts it
Bradford86 (8:52:39 PM): "you grew up fast, didnt you?"
Bradford86 (8:55:58 PM): anyway
Bradford86 (8:56:11 PM): i am selling cbi and buying bucy
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