Discuss Year 2000 Issues Message Board

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Technology Stocks : Discuss Year 2000 Issues

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To: William Peavey who wrote (9499)	12/23/1999 3:53:00 PM
From: Lane3	Read Replies (1) of 9818

>>This morning I did my mini hedge. << That sounds like a plan! I first visited this thread looking for insights on what to do with my portfolio for Y2K. As it turned out, no one talked much about investments--more about the survival of ourselves and our way of life. I got caught up in that and it's been interesting. RE the portfolio, I ended up not doing much differently. The extent of my hedge has been to not put any new money into the market since spring, although I've been tempted. On reflection, I'm satisfied with that. I have a friend who decided in January, 1998, that the bubble was just too onerous and he bailed on the market. He seems satisfied with his choice, too. As I look back at how generous Mr. Market has been since my friend bailed, I realize that I could take a Y2K hit on the order of 1929 and still be far ahead of where I would have been had I gotten out when he did, or even a year later. So I'm comfortable letting it ride. My best wishes to you and everyone for a safe, happy and prosperous new year. Karen

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