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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: LindyBill who wrote (15338)1/16/2000 7:27:00 PM
From: gdichaz  Read Replies (1) of 54805
 
LindyBill: Well you smoked me out. Earlier I said a bit about my first retirement. This is about the second.

"dynamic portfolios are seldom the goal of successful retirees"

I suggest that that should read "dynamic portfolios are an essential element within the investment strategy of successful retirees"

Retirees need growth stocks. Not necessarily 100% growth stocks, but in reality, why not? Although real estate may (or may not) be a useful side investment - depending on skill and location, location, location.

The only thing that can be said for buying bonds is that buying bank CD's is worse.

Inflation is slow but insidious. It is the retirees achilles heel.

So called "income stocks" might (with luck) keep you as a retiree even with inflation and perhaps a bit better, but not really cover living in any style you would enjoy probably.

Therefore the question to me is how best to go about choosing the growth stocks you buy.

Again to me the time spent understanding which technologies have the most growth in them is essential. That is the base for making informed choices.

Then the problem is narrowed to buying within those rapidly expanding technologies.

And again to me being retired is a major advantage in all this, since you have a little more of that most precious of all resources - time.

If you use that time wisely, you can choose well - if you work at it.

The dirty little secret is that successful investment is work. Automatic pilot is impractical and in my view dangerous. So retirement is an opportunity.

Again, enough for now.

Best.

Cha2

All of the above is just what I think, offered in the spirit of sharing.

And perhaps the most important point of all is that as a retiree it is possible to learn a great deal about new technolgies and cutting edge investments within them (such as the Q or JDSU) and that is not only profitable it is intellectually stimulating - and fun.
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