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Strategies & Market Trends : 50% Gains Investing
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To: darline cook who wrote (14708)1/18/2000 8:24:00 AM
From: Dale BakerRead Replies (2) of 118717
 
From what I have seen, most people (myself included) have to eat a sizeable loss to learn the lesson. I dumped several $K in GOTK before I knew what a discount convertible was. Now I know better.

Another important rule is that no single holding should be large enough to wipe out 75% of your capital. Diversification limits your downside, even though you won't make 1000% in one year either.

But most people shouldn't be aiming for 1000% per year anyway. It's pure gambling at that level.

Hope you stick around and make a few bucks with us.
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