SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IngotWeTrust who wrote (19594)5/21/2000 5:05:00 PM
From: freeus  Read Replies (1) of 35685
 
rewhat reason did you subscribe to that service and what reasons did they give to get out?
You didn't also ask "Why didn't you heed?"
Let's see those are good questions and if I can think it through I may find out more about my investing smarts and stupids.
I subscribed because I was uneasy about the gains I had: over 400% last year. I loved them but knew in my heart they were unrealistic.
Their reasons for "get out" were simple and clear: the market is overvalued and interst rates are rising: be careful, be careful and finally get out, go short or at least write puts.
Now why didn't I listen? Just emotion I suppose: like I did with Dell, I am over 50% Qcom (at that point with Qcom at 146 I was probably over 60% Qcom) and I thought I was an investor. Now I know I really simply want to make money in the market. And keep it. And quit working for someone else. It doesn't really matter what stocks I hold.
What other line of thinking can I go along that might help?
Because at this point, down 50% I still have a double from last year and am seriously thinking of going all cash. But it seems "silly to sell this low" but I said that at 146 too. Hmmmm.
Freeus
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext