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Non-Tech : The Critical Investing Workshop

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To: Jim Willie CB who wrote (20359)5/26/2000 1:17:00 PM
From: RR  Read Replies (1) of 35685
 
Rocketman and Jim Willie, regarding the discussion about staying invested.... for years I have stayed fully invested. I mean fully. No cash on hand at all. If I needed cash or saw a better deal to buy, I'd close a position, take my profit and plow it right back into a new position. My friends thought I was nuts. I turned my portfolio over more in one month than most do in a lifetime most likely. I would not necessarily suggest that style on anyone. However, my style worked super for me, and still does.

Have had friends that are conservative, with lots of cash on hand at all times and they beat the socks off of others who were more in the market. Cash is nice.

I prefer not to sit it out. I like being aggressive. Each has to find their own niche of course.

Rick
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