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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (13804)1/1/2000 10:31:00 AM
From: Richard TsangRead Replies (3) of 118717
 
Congrats on a 150% gain for the year. With a diversified portfolio, and hedges along the way, that is a tremendous record indeed.

Although my DLJ account is a bit higher than a 170% gain with lots of help from the IPO's from DLJdirect, my other smaller accounts at Schwab is only up 50% and Etrade account is flat. Maybe I should consolidate them into DLJ, LOL.

Investment club that I help manage is up 112%, thanks to the big contributor from BVSN.

401k is up only 20%, enough to be at par with SP500, primarily due to limited and conservative investment vehicles available. Would have been less if I hadn't moved a big portion to the RUT for the last Q. That turned to be a good move as the RUT played catchup to hit the 20% mark too for the year, with an impressive gain of 18% for the last Q. My employer's stock was up 40%, dividend reinvested. That also drove up the three accounts with company big time (Employee stock purchase plan, stock options plan and 401k company matched account).

All in all, a very very good year indeed.

Here is wishing everyone on this thread another prosperous year through productive collaboration and wise stock picking. Let's do it again!

Rich
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