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Technology Stocks : Safeguard Scientifics SFE

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To: MGV who wrote (3755)12/31/1999 11:24:00 AM
From: LarryCPA  Read Replies (1) of 4467
 
Like I said I am planning to sell 10% of my SFE. I have held it since 1981. I still like the stock, but goals and needs change. The market has risk. My downside tolerance has always been 50% before i get nervous. My account sometimes drops by 10% or more in a DAY! I use those opportunities to buy more.

However, now what I have to protect is much greater. I no longer want to risk half my wealth on the downside. I also no longer need to make 90% per year to satisfy my financial goals.

The market hasn't changed, SFE hasn't changed, I've changed, and change is growth.
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