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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (123233)9/18/2001 12:09:35 PM
From: Tommaso  Read Replies (2) of 436258
 
Actually the most clear-cut investment success I ever had in my life was to transfer, month by month, all my assets at the time from a bond fund to a stock fund in the closing months of the 73-74 decline. I had to fill out a fairly complex form and maybe even get it notarized each month to do this, and there may have been limits on how much I could transfer. But by the bottom I was 100% in stocks, and six months later had about a 50% gain, maybe more.

I was a little too soon, and it was a tense few months, but the ride up from the very bottom was very profitable.

After that, it was extremely hard to make much money until 1982.
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