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Non-Tech : The Critical Investing Workshop

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To: RocketMan who wrote (17002)4/29/2000 7:25:00 PM
From: abuelita  Read Replies (1) of 35685
 
Thanks for that RocketMan. I don't think my mileage varies that much from yours - we're looking at a year, if we can.

In January, we could've, should've but didn't - my fault. Wanted more. It sure is pathetic when the stupid get greedy. But like you said earlier, never look back to see what you lost. I agree completely. I need to look forward now and I need to ask Voltaire if he would give the same advice to his friend now as he did a few months back.

He said his friend had $800,000 tied up in mutual funds for his retirement. He advised him to put 1/2 in General Electric and write covered calls for income on the other half. What do you think? Would that approach work in a recessionary environment?

Thanks for your help RM

Rose.
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