a recipe for success.
To: Uncle Frank (3793 )
From: LindyBill
Thursday, Jul 15 1999 3:21AM ET
Reply # of 3796
TIME TO MAKE A MOVE!
Well, gang, as of tonight, I am 81% Q, 18% Cisco, and 1% Softy. For the first time
since I set it up, I am going to have to pull some bucks out of my 401, for a down
payment on a house for my son. I decided to sell some Cisco tomorrow to cover it, and
that made me think, Why am I staying in Cisco? I don't believe it is going to move
anywhere near as much as Q will move this year, and it costs me nothing except
commission to change. The MSFT is in a personal account, and would cost me Capital
gains to sell.
I have no fear of being in Q only. To me, it is as safe, or safer, than Cisco or MSFT.
The "One Basket" approach is fine, as far as I am concerned.
So, tomorrow, I will sell the Cisco and buy Q with it. That will make me 99% Q and
1% MSFT. |
