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Technology Stocks : Amati - MAIN THREAD

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To: Jacob Rameen Chitsaz who wrote (441)6/28/1996 11:05:00 PM
From: Techie   of 700
 
Hi Jacob, it looks like you got lots of good advice and hope you do well regardless of what you decide to invest in.

I personally don't like to give adivice on investing for the following reason. Investments/trading, what we expect from it, how we handle the losses/gains from it is truely a very personal thing and very much reflects our attitudes towards money in general. I have a very high tolerence towards losses. I have always believed all income was disposable :)... now that's a bad habit and certainly doesn't reflect other people's views.

What I am trying to say is, if you can view investing as you say $400 in a stock and taking the risk of losing all or half of your capital as a minor event in your life (perhaps shrug it off as money that would have been spent on a special night out) then you can be more risky. If you view the $400 as your big savings that you want to grow at a greater rate than with other alternatives at a relatively low risk then of course you would go with a 'safer stock'. So it all depends on 'how much potential losses would keep you awake at nights'...

Cost averaging is generally a very good idea, but with a small capital you should keep comissions in mind.

just my 2 additional cents...

good luck!
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