As for my stock portfolio, (as you know ) I am all invested in high techs with 95% invested in the following stocks (VTSS, LSI, INTC, CSCO, JDSU, MSFT, GLW, TXN, and IBM). And as of today my portfolio is down by about 58%. I still have plenty of disposable cash that I will be using to accumulate to these stocks as they go down further. And as I have said before I am willing and will be holding these stocks for a long time to come if I have to. I am a strong believer of the US markets for which they reflect the very basics of all civilized human beings emotions, and free spirit and belief in a free capitalistic system.
I fully agree with your last sentence. I think the economy will shake its troubles off and get up and start moving again. However, I strongly feel that your stocks (in which you have 95% of your portfolio) will severely underperform the major averages (the S&P 500, the Wilshire 5000 or the Russell 2000, take your pick).
Please cut this and keep it with you, and take a look at it after 5 years... |
