Serious Question about Investments

[Casablanca]

It's the thought that counts

 

[VicTusDeuS]

Exactly, most people with just the 7 like to say they are planners, so do some accountants which offer "financial planning". It's 3 years here in NJ for everything. Im going to be taking a bunch of extra courses along with continuing education etc etc...it never ends...

As for the market, it works more on rumors than actual information. I see a bunch of companies that have excellant numbers on the books (that are legit) and their stock will take a nose dive because they get one bad report...

I am a Registered Representative/Stockbroker/Financial Planner, there is a HUGE difference. Make sure the person you go to has a CFP, Certified Financial Planner after their title. This is a 2 year program and most regular "stockbrokers" do not take the time to acquire one. Ask about what current licenses they hold and maintain, and how long they have been in the business and with that particular firm. A good broker should at least have a series 63,7,65, and 66 minimum and a history with the company they are representing.

I can only emphasize what has been said above. The person you meet with should do a full financial background and provide you with recommendations based on your risk tolerance and long term goals. You need to consider the funds/stocks 1,3,5, and 10 year average returns. Stay off the net, don't listen to friends "stock tips," and run from any brokerage firm that has a "stock of the day" recommendation. Investing is a personalized strategy and can vary greatly from one person to the next depending on age, income, prior investments, long and short term goals, and risk tolerance.

Just remember, if something sounds too good to be true, it usually is.

 

[gotmilk]

Can you imagine the short coverings coming on the stocks illegally short sold by El-Gindy and the 1000 clowns who follow him?In one case, they short nearly 1 Billion shares thru European banks on a company with a float of 134 Million. Huge money once John O' Quinn, ESQ (from Houston) files his motions this Summer.



ElGindy's Rolls Royce Bentley License plate "ZEROBID"

U.S. District Court
Eastern District of New York (Brooklyn)
CIVIL DOCKET FOR CASE #: 1-02-03002-RJD

United States of America v. Any valuables in any and all safe deposit boxes ma
Assigned to: Judge Raymond J. Dearie
Referred to: Magistrate-Judge Marilyn D. Go
Demand: $0
Lead Docket: None
Related Cases: None
Dkt# in other court: None
Cause: No cause code entered
Date Filed: 05/20/02
Jury Demand: None
Nature of Suit: 890
Jurisdiction: Federal Question

Plaintiff

United States of America represented by Arthur P. Hui
United States Attorneys Office
Eastern District of New York
One Pierrepont Plaza, 14th Floor
Brooklyn, NY 11201
(718)254-6007
Fax : (718)254-6081
Email: [email protected]

V.

Defendant

All funds on deposit in any and all accounts TERMINATED: 05/30/2002
Certificates of Deposit TERMINATED: 05/30/2002
Any valuables in any and all safe deposit boxes maintained by or on behalf of AMR I. Elgindy

aka
"Anthony Elgindy"

aka
"Tony Elgindy"

aka
"Anthony Pacific"
Mary Faith Elgindy
Pacific Equity Investigations
Pacific International Securities, Inc.

Account No. 1182702640, Bank of America, including but not limited to TERMINATED: 05/30/2002

Account No. 1182104883, Bank of America, including but not limited to TERMINATED: 05/30/2002

Account No. 1182217682, Bank of America , including but not limited to TERMINATED: 05/30/2002

Bank of Montreal, Vancouver, British Columbia TERMINATED: 05/30/2002

Global Securities, Vancouver, British Columbia, including, but not limited to

Account No. 0001000477117, Canadian Imperial Bank of Commerce Account No. 0001-0004-77117 TERMINATED: 05/30/2002

Account No. 6730855019170, Salomon Smith Barney including, but not limited to TERMINATED: 05/30/2002

Account No. 6730854913170, Salomon Smith Barney including, but not limited to TERMINATED: 05/30/2002

Account No. 6730856215170, Salomon Smith Barney including, but not limited to TERMINATED: 05/30/2002

Account No. 6730856314170, Salomon Smith Barney including, but not limited to TERMINATED: 05/30/2002

Account No. 6730856116170, Salomon Smith Barney including, but not limited to TERMINATED: 05/30/2002

Account No. 6730854814170, Salomon Smith Barney including, but not limited to TERMINATED: 05/30/2002

Account No. 000100034011722, Royal Bank, Vancouver, British Columbia, including but not limited to TERMINATED: 05/30/2002

All Proceeds traceable to such funds TERMINATED: 05/30/2002

3371 Calle Tres Vistas, The Premises and Real Property located at 3371 Calle Tres Vistas, Encinitas, California, and all proceeds traceable thereto

VIN SCBZK25E91CX62537, A 2001 Rolls Royce Bentley Vehicle, VIN SCBZK25E91CX62537, California license plate no. ZEROBID, Registered in the name of Pacific Equity Investigations and Anthony Elgindy

VIN 1L1FM81W4YY903598, A 2000 Lincoln Town Car,
VIN 1L1FM81W4YY903598, California license plate No. 6H01784, Registered in the name of Pacific Equity Investigations

VIN 137ZA903XYE188837, A 2000 Humvee, VIN 137ZA903XYE188837, California license plate No. 00BID, Registered in the name of Pacific Equity Investigations and Tony Elgindy

VIN JS3TX92V414100376, A 2001 Suzuki Grand Vitara,
VIN JS3TX92V414100376, California license plate No. 4SYW793, Registered in the name of AMR I. Elgindy

VIN SAJPX1845XC859070, A 1999 Jaguar XJR, VIN SAJPX1845XC859070, California license plate No. 4MNB694, Registered in the name of Pacific Equity Investigations and AMR Elgindy

All proceeds to such vehicles

Account No. 03315908, All funds on deposit in USAA Federal Savings Bank Account No. 03315908 in the name of Jeffrey A. Royer, up to and including the sume of $16,925.00, and all proceeds traceable thereto TERMINATED: 05/30/2002

Filing Date

Docket Text

05/20/2002 1 Sealed document. (Bowens, Priscilla) Modified on 5/24/2002 (Bowens, Priscilla). (Entered: 05/24/2002)

05/20/2002 1 Complaint filed Warrants Issued as to defendant(s) 3371 Calle Tres Vistas, All proceeds to such vehicles, Any valuables in any and all safe deposit boxes maintained by or on behalf of AMR I. Elgindy, Mary Faith Elgindy, Global Securities, Vancouver, British Columbia, Pacific Equity Investigations, Pacific International Securities, Inc., VIN 137ZA903XYE188837, VIN 1L1FM81W4YY903598, VIN JS3TX92V414100376, VIN SAJPX1845XC859070, VIN SCBZK25E91CX62537.. Filed by Arthur P. Hui on behalf of United States of America. (Attachments: # 1)(Brown, Marc) (Entered: 06/19/2002)

05/20/2002 9 NOTICE OF COMPLAINT as to defendant(s) 3371 Calle Tres Vistas, All proceeds to such vehicles, Any valuables in any and all safe deposit boxes maintained by or on behalf of AMR I. Elgindy, Mary Faith Elgindy, Global Securities, Vancouver, British Columbia, Pacific Equity Investigations, Pacific International Securities, Inc., VIN 137ZA903XYE188837, VIN 1L1FM81W4YY903598, VIN JS3TX92V414100376, VIN SAJPX1845XC859070, VIN SCBZK25E91CX62537.. Filed by Arthur P. Hui on behalf of United States of America. (Brown, Marc) Modified on 6/19/2002 (Brown, Marc). (Entered: 06/19/2002)

05/24/2002 2 Declaration in support of application to unseal documents filed by Arthur P. Hui on behalf of United States of America. (Chee, Alvin) (Entered: 05/28/2002)

05/24/2002 3 Unsealing Order: All papers previously filed with the Court under seal in this action shall be unsealed forthwith. (signed Hon. Raymond J. Dearie, 5/24/02) (Chee, Alvin) (Entered: 05/28/2002)

05/24/2002 4 Warrant of Arrest for Articles in REM. (signed MJ Go, 5/20/02) (Chee, Alvin) (Entered: 05/28/2002)

05/24/2002 5 Declaration in support of application for a Writ of Assistance filed by Arthur P. Hui on behalf of United States of America. (Chee, Alvin) (Entered: 05/28/2002)

05/24/2002 6 Writ of Assistance. (signed Hon. Raymond Dearie, 5/22/02) (Chee, Alvin) (Entered: 05/28/2002)

05/24/2002 7 Notice of pendency filed by Arthur P. Hui on behalf of United States of America. (Chee, Alvin) (Entered: 05/28/2002)

05/28/2002 8 Notice of Dismissal solely against the deft funds on deposit in any and all accounts, CDs and any and all valuables in any and all safe deposit boxes maintained by Pacific International Secuerities, Inc. on deposit in Bank of America, Bank of Montreal, Global Securities, Salomon Smith Barney, and Royal Bank of Canada account number 00010-003-401-172-2 filed by Arthur P. Hui on behalf of United States of America. (Chee, Alvin) Modified on 5/30/2002 (Chee, Alvin). (Entered: 05/30/2002)

06/19/2002 10 Amended Notice complaint. Filed by Arthur P. Hui on behalf of United States of America. (Brown, Marc) Modified on 6/19/2002 (Brown, Marc). Modified on 6/19/2002 (Brown, Marc). (Entered: 06/19/2002)

06/19/2002 11 Amended complaint. Filed by Arthur P. Hui on behalf of United States of America. (Brown, Marc) (Entered: 06/19/2002)

06/28/2002 12 Order: Mr. and Mrs. Elgindy to file claim by 7/10/02; time to answer adjourned to 7/22/02. C/M by chambers. (signed Hon. Raymond Dearie, undated) (Chee, Alvin) (Entered: 06/28/2002)