What are the names of the surrounding cities of Indianapolis, Indiana?
It is a little bit vague as to what is classified a city in the US. Some very modestly populated "towns" are actually classified cities, and some with a bigger population are classed only towns. So I have checked these places in Wikipedia to ensure they are cities and have placed population estimates in brackets. There may be others that are classed cities too. To the north of Indianapolis ~~ Carmel (80,000+) Noblesville (38,000) Lebanon, (northwest) (14,000+) Anderson (northeast) (59,700) To the south ~~ Columbus (39,000+) Greenwood (42,200) Martinsville (11,700+) Shelbyville (southeast) (17,900) To the east ~~ Greenfield (14,600+) To the west ~~ Brownsburg (14,500+) I have found a map of Indiana and surrounding cities for you ~~ http://www.city-data.com/w8/bgm6706.gif
Hey small towners in the USA: Where do you live?
I was going to answer your question about Oklahoma but it was already closed. I live in a small town there, Stillwater. As far as small towns go, it is great. There are about 39,000 people, which is pretty small, but there is a large state university here (OSU) so that adds greatly to the diversity, cultural activities, and overall upscale feel which you won't find in most small towns this size in OK. The schools are EXCELLENT, if that's a concern for you. The crime rate is very low, the people are friendly, and the terrain is rural rolling hills. I think its really pretty. Personally, I think it is much prettier than down in Oklahoma City (or Norman). However, we have to drive 45 minutes to a Target or a shopping mall. So there is a price to pay. You might want to check into a great town right outside Oklahoma City called Edmond. The best of both worlds, maybe. Stillwater might be too much of a change for you from LA. The cost of living, especially housing, is going to amaze you compared to your area of CA. I lived in OC for a while, I know. Look on realtor.com for Edmond, OK. We have just built an incredible, lakefront, very large, solid brick and stone home on 4 acres of land in a gated community for a price that would not buy a condo in Orange County.
What is the best stock market advice you have ever received?
Honor your stop losses, and trail up your stops.Most investors, hold onto their losers and wait for them to recover. Big mistake. They also do not know how to manage winner.Here is how I manage my stock via stops, and ever since my returns have increased by almost 50%.Numbers used are just for example, it’s the mechanical process I want to you focus on.Buy XYZ for $50. Set my stop at $49. Stock drops to my stop, I sell and move on. If XYZ moves up to $51, I trail my stop up to $50.50 and lock in 50cts of gain. If my stop is triggered, it’s sold, and I move on. I continue to trail my stop up, as the stock moves up in price until I am ultimately stopped out. I’ve had stocks run for months (30% to 40% return), and once they are done running, they will trigger my stop, whereas someone else will continue to hold on, as the stock moves sideways and chops around for months. Moving that money to a new investment, and starting over. Rinse and repeat.I do not set arbitrary price targets, as I am not professional stock analyst, and neither are you. We have no idea how far a stock might run. So we let winner run. Same applies in the other direction. We don’t know how far a stock will fall, how long it will sit lower, so we cut losses early and redeploy. The key is, you want your capital working constantly, and this is how you do it.My returns went from about 16–18%, which I thought was very good, and now averages about 25%. On a $1 million portfolio, you are talking another $80k more in returns, and over 5 years that over $500k more in your portfolio.If you have a stock you do not want to sell, that fine. Sell calls against it. Sell the 45 day expiry, with a 20 delta. You want to collect enough premium to make it worth the effort, but you don’t want the stock called away, so the strike price needs to be far enough away to decrease the odds of this happening. This works best when it’s chopping around in a range.