Rabbits and Gorillas:
"Now, that's the strongest case for never postponing the buying of a stock because you think it could pullback."
I feel that when investing we control for three variables: the stock itself, the amount involved, and the time they are allowed to work together. The money put to work is up to each individual, the stock involved can be chosen using GG (or one of our portfolios), so that only leaves "time" to consider. However, as time equals money, waiting a few months to decide what to invest in becomes the equivalent of throwing money away. That may, or may not, be a noble undertaking, but it's not an investment strategy. In my opinion, while pure Gorilla investing is the safest, surest, method of increasing ones net worth, an alternative almost as satisfactary for someone not yet ready to take the plunge, would involve investing in some qualty, non-GG tech stock now (such as RF Micro Devices, or Comverse Technology etc.), wait for a pullback in a gorilla, and then switch out of the "rabbit" and to the gorilla. There may be a net cost (possibly a large one) but the time variable is conserved.
Long Lives the Mighty Q
Fred |
