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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (12183)4/11/2000 7:03:00 PM
From: abuelita  Read Replies (4) of 35685
 
Hi Voltaire.

Last Christmas I told my sister about JDSU and QCOM and that we held some shares in our rrsp's and that we had done well in quite short time. And I suggested she consult with her broker before considering adding them to her portfolio. She did and subsequently sold all her bonds and mutual funds and airline shares etc. and dove right in. Was happier than a pig in sh-- for the longest time. Except last week and today.

Now she can't sleep; said she was going to sell it all because everything she reads is doom and gloom and "just like 1929" and it just keeps going down and its never gonna come back up and she's going to lose her money and on and on.

I've been passing onto her what I learn by lurking on various boards (because believe it or not, she doesn't have a computer) but I feel a real weight. I think I managed to calm her fears today but I am so sorry that I spoke to her in the first place.

I know that whatever she decides to do, if it ends up being the wrong decision, it'll somehow be my fault. I don't tell her what to do. I just tell her what I'm doing and that she should turn off the TV and get on with life - go for a walk, make love, transplant rose bushes, whatever.

Anyway, I can just imagine how you must feel to have so many, many people hanging on to your every word.

Just wanted to share this with you and the porch.

Kind regards, Rose.
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