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lennysims (89.39)

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Just some thoughts

June 07, 2009 – Comments (5) | RELATED TICKERS: WMT , MSFT , F

     Manufacturing is not what we need here in America, can any of you actually say that you would love to have your sons or daughters working in a low pay, lessening benefits, mindless demeaning job. I would never wish something like that for my son and definitely not my daughter or any of your sons and daughters. America has not actually lost anything by outsourcing those crumby jobs; so we forced people to continue their educations. That is what will allow us the freedoms that we yearn for(20 hour work weeks, paid medical) and what will able those countries to get what we've already had.(One of the best chapters in any book that I've ever read fiction or nonfiction: The Future for Investors by Jeremy J. Siegel, Chapter 15 The Global Solution:The True New Economy 'Some men see things as they are and say, "Why?" I dream of things that never were and say, "Why not?"--George Bernard Shaw,1949') One problem that I can think of is that we are giving those companies tax breaks for outsourcing when we should clearly be increasing their taxes. Education is what this country is falling behind in, not crap jobs hardly befitting an American in the 21st century. What will hurt us is if we let our country continue to be caught from behind and passed by countries we still consider third world or inferior to us. We have a chance to be greater than ever but that will not come from doing jobs that other countries can and will do for pennies a day. For us it's called work smarter not harder. We need to take a step back from things that separate and only impede progress such as: religion-the world biggest divider of all, lobbyist(working for the big oil and drug companies)-by working against green innovations and health care reform, tariffs-on imports from communist countries. Education of all kinds is what we need; we don't need to keep throwing money at Africa--we need to educate Africa and anything else is just a disservice an impediment to the progress they can make on there own with education(it's okay to help with education). I know it's sad seeing kids die but we've been throwing money at that problem for years with no gains of any kind. What did we do for the Lost Boys of Sudan(boys ages 3-15 forced to journey hundreds of miles through the desert)--we did not go in their guns a blazing to save them. But we went into Iraq to liberate them from Suddam Hussein(I'm not sure if oil had anything to do with that or maybe Halliburton--right).
     I woke up in the hospital with a form of amnesia(retrograde)--I learn that we're at war with Iraq and I asked people why is that. And not one person could give me and honest answer other than I don't know and I said,"and your all right with that". It's okay to ask why and it's okay to ask for proof in any matter, its okay to ask your pastor, priest, or what not why your god can't regrow an arm or a leg on a victim of war or some other tragedy; but it's never okay just to accept those excuses for and all powerful god(why would he need their excuses he's all powerful)or some greedy men who have manipulated the public into thinking this is what we have to do. To stand a part from the established quo is what we need to do;stand-up and have your voice heard. We've got to remember that this is a democracy and no one can get mad at us for deciding to think about something logically and sane. Asking for the facts and using critical thinking and taking a step back and trying to form an unbiased opinion on our own(saying well do you think we can wait until we no for sure if there are WMD--we're clearly in no real danger Suddam didn't crash planes in to the towers). Education only leads to one thing a more informed people with the ability to logically assess more situations to make informed decisions.

Thank you for reading and please keep and open mind to the new and different. We are the most dominate species on this planet and the ones who are to blame for nearly all of it's problems. Man has made wars, man has made gods and religion but its not war or your god that's going to get us through this. It's lifting those up to where we are through teaching not by doing it for them. It's like that saying: give the man a fish he eats for a day teach him to fish and he eats forever. We must take the responsibility in our actions and when we do succeed take the credit and pass in on to your fellow man not one man like the president of one country out of hundreds or to one of the many gods out there. When ever I succeed at something I take the credit and if you helped me I share it with you and even if you didn't help me I'll share with you anyways because maybe next time you will.

WE'RE ALL IN THIS TOGETHER

Lenny Sims  [more]

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I'M A FLIP FLOPPER

June 07, 2009 – Comments (0) | RELATED TICKERS: HGRD , DAR , AEA

     I'm just letting it be known that my mind changes a lot, new facts come up my opinion changes it's that simple. So if I'm putting down(being negative)  my picks I'm most likely just upset about the big drop and wish I'd waited; for the most part they all have real money in them (except MO) and it is away for me to track myself against the market. I am really thinking hard about joining MF PRO--I'll let you know.

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1

My first blog

June 05, 2009 – Comments (1) | RELATED TICKERS: ABAT , DAR , CPSL

     I've started using the magic formula this week; so far it is going good; I'm not all magic formula--I still have a lot of small caps from China. I'm for the most part all small cap and all the info I've seen says that is where to be right now. Small caps will show the most signs of improvement first. Right now most of my stocks can even be considered penny stocks and I'm ok with that. They all have strong cash flow sheets and little to no debt. All but a few are four or five stars companies and I'm not sure why ABAT is only a two star. I've picked up AEA and it is a three star and awhile back I owned SIG which is also a two star with what appears to be an ever widening moat around it. What I'm saying is that magic formula, five stars, and cheap is a good way to go about finding your stocks and than choosing from there. All three of those methods have been proven to work(beat the market) and so I have no problem putting all three of them together. I am playing CAPS just like my real portfolio so I have not ranked as many stocks as I'd like to and I've sold some that I easily could've kept in the game to keep scoring points off of but I did not. I only have so much money in real life so I'm afraid that I do have to sell occasionally. I do have a few in my roth IRA so you might see me sell even quicker than what one might think, but it is tax free and I have one hundred free trades to use every year so I will be selling every now and then from that account. I sold my mutual fund two months ago and now handle that money own my own--this site is what really helped me to cut that cord; I started that mutual fund in Sept. so it did not lose as much as it could've. I am just starting out but I think I will be ok in the long run; I just keep learning and I always make sure I do some research on my own.  [more]

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