Small positions taken..Sure, I'll share mine..why not?
Bosque..These are small positions, for long-term
money, that I can add to in an IRA. Not trading positions.
I am holding some of all into 2002, and probably well
past that, unless we see another 1999 bubble (I doubt
it that fast)
Here's what I started (note before the whack we saw to
several in the last few days - hah!)
AMD, SEMI, AMZN, CSCO, DELL, DRBNX (Biotech Fund),
EMC, CUBA, INTC, MSFT, QQQ, PVAT, SMTR, SPDV, THTH.
Note: All are small positions, long-term money, and only
about 15% of the IRA's value. With about 20% in cash,
I'd say this is a pretty conservative way to add some
growth. Hedged with individual gold stocks, some index
funds, a real estate fund, and a small company growth
fund.
FWIW, I manage this portfolio for my Mom, who is retired.
I didn't own any of them in 1999 or 2000 (the techs), but
feel this is a fairly low risk situation now with them
down to this degree. Some may disagree, and if you put
100% of your money in these techs now, I would say it would
be quite risky. I won't do that.
This portfolio is pretty diversified, as you can see, and
I'm merely trying to add a little "BAM" to it at this point.
It declined about 15-18% from peak to trough in the market
slide, and is now about 12% below it's high, which is not
too bad, IMHO. This is long-term money though, as I've
said, and I can afford to hold these two or more years,
and add to them.
Rande, or others, any thoughts? Have a good weekend,
everyone.
Matt |
