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Non-Tech : The Critical Investing Workshop

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To: Uncle Frank who wrote ()1/31/2000 6:11:00 PM
From: The Verve  Read Replies (3) of 35685
 
Margin Mike announced on the Yahoo board that he got back in at 120 today.

He sold at 128 and bought back in at 120. I'm sure he paid dearly in capital gains.

MM is a smart guy, but even the sharpest investors often get stung trying to time Q.

I like MM and wish him the best. If I were him, I would turn off the computer, forget about the market, and be happy with my 6 mill. There's only one reason one should invest in the market...to gain financial freedom. He's got it. I like him hanging around and posting, but I'd rather see him take his money and have the time of his life with it. Forget about the stress and worries about investing...for good.

Once I get where I wanna be, I'm OUT. And I won't regret the decision, won't look over my shoulder, and I'll never come back.

But that's just me...

Verve
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