I am out of the market as I cannot stand to lose/gain money at the rate at which the stock market dictates. I did not retire to wake up every morning and go to my computer and sweat like a dog worried about my stock investments. Screw this! Once you retire and stop putting money into your stock account you are basically static and at the whims of the market. Good fortune to all! Some of this has been my own fault but I will also blame the market and system to some extent!!!
The "quote look up" box is where you would type xcfpx, xclmx, and xcrfx for the cornerstone funds on the Yahoo financial page. I am not the resident expert but I think these are updated once a week on Friday. Any comments from the resident experts?
Here I am with two of the people I have the most respect for, along with nokker1. They will not lead you astray so for some of the new people pay attention.
I have a reduced volume of investment capital after paying off my car loan which was working until I hit a snag/investment strategy flaw etc. with CFP. Enough said about that, although I hate that phrase. I am now trying to gain enough momentum to have a few treats in my life for my family. I mean stuff like a better kitchen, etc. Any strong recommendation which will net me a little monthly cash? Best of fortune to all!
when this fund goes close to one dollar I may consider re-investment on a slow day. Good fortune to all and keep your powder dry and the slick side down!
If you bought into the MSN last summer at 1.60 or so I would say you will do OK!
I see the price did drop the dividend and may stay there for a while. Good fortune to you in your investment there and I hope you make a mint.
Hopefully you will agree with me, that this investment is only relative to the price you paid, minus the dividends received, your new net price. NOTHING ELSE! It seems odd that the funds react to the other's RO! This makes no sense. This seems so odd that it almost appears that all three funds should be included into one and "let the tail go with the hide" as my old friend Joe used to say!
I also was very heavy into CFP and I am now out and looking for a good investment after clearing up some short term debt with a reduced volume of investment capital.
Good fortune to all and keep the slick side down!
I do not know about you but these messages are giving me a head ache this morning! By the way, the person who said that CFP was a long term investment without pure random lucky selling and buying is full of horse pucky!
If you made money on CLM in the last few days good fortune to you and I would have to say you may want to consider, perhaps, just sitting tight for a while to see what happens. UNLESS, you have made enough increased revenue to make a difference in your life, them perhaps you should sell and do something with your increase in funding. good fortune to you do whatever you want, and do not blame me!
Keep your powder dry!
nokker and hout,
Are you guys still in Cornerstones? I bailed of course after taking a bath. We decided to take some of the investment account, small as though it may be, and pay off some short term debt and get done with that. It has always made sense to us to pay down legitimate debt and that concept has been good to us. We live on a pretty concise budget month to month allowing for payment of our bills. I love being married to a bookkeeper!
Are you still invested or looking to get back in before the three day resurrection?
As usual, keep your powder dry!
The word toxic comes to mind with my current concept of these funds. Good fortune to all, and even if the RO is cancelled a lot of damage has been done to their credibility and investibility (new word) for those of us seeking a stable (or remotely so) investing environment. As usual, keep your powder dry!
You are correct as usual! At 3.13 you were in for the ride wherever it takes you. You may be screwed but you were in way over your head so you just as well take it and ride it out to the end. I bailed at 3.60 which was too late but within reason IMHO!
You were a wise man! Wish me luck on paying my car loan off!
I will believe all of the positives about this reverse split #$%$ when it comes across in cold hard cash.
I do wish all of you brave souls the best of good fortune, and houstoneastender, I hope you have some other investments other than Cornerstones, or have very deep pockets. My problem always was that I did not! And I am not sure if you are brave or not. There is a thin line between bravery and stupidity I was told once. Good fortune to you!
You did not catch the bottom because the bottom is still floating around on you. May you have the best of good fortunes, but I would watch your hold card very closely. I think my philosophy for the week is "a fool and his money are soon parted." I was out of CFP at 3.60. Way too late! Best nights sleep I have had in weeks (last night).
May the investment Gods shine good fortune on you. As a past investor I would think it may take a couple of weeks or months for this fund to stabilize. I lost a bundle and will be licking my wounds for a while. Seriously, good fortune to you and stay thirsty my friend.