Grommit, nice performance from your stocks this year! But you only have 80 stocks? You might improve there by getting it up to 100 or so. -g-
And while that seems to read silly, I'm still arguing for big diversity, especially for people with good size portfolios and experience in the stock market and in life. (That might be you!) One way of looking at it is if somebody realizes that maybe 1 of 10 stock picks turns out to be a really, really big winner - overcoming losses in so many other stocks (how about the thread GTSI for example?), then if that somebody has a sense or skill or experience in going for these kinds of stocks (maybe while maintaining income producing REITS, utils, etc), then to me, it makes sense to up the chances of finding such winning, winning stocks. Say by having 10 chances in a portfolio of 100 stocks. (Of course, one increases the number of stocks in one's portfolio if and as one finds the apparent opportunities. I'm not suggesting to increase numbers just to increase the number.)
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I'm acutely aware of the importance of the eye organ -- my eyesight is giving me troubles as well -- age related stuff-- I'm not the man I used to be. I notice it most with night driving. Sigh.
Looks like you have all the toys. I am currently fighting new car fever. I want a new top-of-the-line Lexus, but living beach adjacent and spending most time locally, man, I just cannot justify any new car given the few miles I am driving now. Maybe I'll drop back down and look for a small motorcycle. Although a new bicycle is what's really most appropriate.
I hope you enjoy your new freedom and lifestyle!
Grommit, you are my new idol!!
Best wishes for '02,
Paul Senior |
