Stockbrokers: who's agenda? Message Board

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Gold/Mining/Energy : Stockbrokers: who's agenda?

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To: David Zabrocki who wrote (9)	7/15/1997 10:51:00 AM
From: JAMES BORECKI	of 16

Long term = cheaper later Great formula!! thanks About new smaller brokers: I would love to think so, but the two I tried lost me 50% in two months. I will accept the 'bad choice of broker or stock' as an explanation, and maybe I'll run into a good broker someday if I'm lucky. In the meantime my starategy is: 1. Clear up my portfolio, keeping the strong stocks like Intel, trimark, etc. for the long term. 2. Wait for a while and give the dogs a chance to bounce back. If not then just sell them rather than waste good investment time. The result would be a portfolio that has minimum speculation. I'm learning that once you find good stocks hang on to them and they become the core of the portfolio. eg. I saw a chart yesterday for DELL. If you bought that 3 years ago you would have made 700%. I'm loosing my interest in Gold for a while and finding hope in top tier high techs. 3. I have set up another account and buy my own stocks. Over the past year I have received a great deal of good info from SI contributers. I wish I would have recognized their insights a lot earlier. I know this is a little dangerous since I don't know what their agenda is either, but tempered with my own judgement I hope it will work out for the better. In all, I seem to be getting more info and good rational advice from people on SI, people like yourself, than I get from my broker. Time will tell, and I learn very slowly JimBo

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