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Technology Stocks : PMC-Sierra (PMCS)
PMCS 11.650.0%Jan 25 4:00 PM EST

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To: schlep who wrote (3630)7/17/2000 6:16:24 PM
From: Dutch   of 3818
 
One of fellow G&Ker's has a very unique formula, which I am striving to attain.

1) Everything has to be paid for

2) 10 years retirement in safe fixed income

3) The rest invested in gorillas and kings

4) If returns are tremendous he will fund additional years of retirement

5) On market pull backs may use some of additional funds for opportunities like we had in April

For myself I add the following twist.

One way I am getting everything paid off, only debt is house, is Voltaire's covered calls strategy. I am currently averaging 7K per month. This money goes into a separate account which I invest in QQQ and SPY and sell prior to tax day and all non tax payments go toward mortgage. I am long on 90% of my portfolio so I participate in all rallies.

JM2centsworth.com
Dutch
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