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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Apollo who wrote (40355)3/13/2001 12:12:24 PM
From: LindyBill  Read Replies (2) of 54805
 
The magic number for retirement....

Apollo, my problem was that my prior 4 years in the market had returned double, double, double, and 750% in 1999. When I retired a year ago my attitude was that I could do no wrong, and that I was going to double again, at least, in 2000.

I started spending money like there was no end to it, and speculating in tech stocks. I lost my ass, of course, and I am now paying for it.

I try not to dwell on my stupidity, and get on with my life. The most difficult thing to do is to get over making it and losing it.

When you are really making a bundle each year, it is difficult to reverse your thinking and be conservative!
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