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Technology Stocks : Long Term Investors' Outpost

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To: Sueponine who wrote (94)	7/11/2002 10:34:52 AM
From: areokat	Read Replies (1) of 562

Do most of you manage your own IRAs? I'm 55 years old. Many of us manage our investments both in and out of IRAs. Given your age there is plenty of time to recover from being down 60%( my down is in the same general area ). One point to think about since you said you had moved most of your assets into fixed income instruments is that as interest rates rise they will decline in value so you might not want to go too much further in that direction. In 10 years time most of the negatives of this Bear market should have been washed out. Just look at a chart of the Dow and see if you can detect the '87 crash. Not saying that this hasn't been a tech wreak and a half but my believe is that this too will pass. Otherwise why be in the market? Only you can answer that question. Final thoughts. Sounds like you've learned a lot from your experience which is never 100% bad. Just don't focus on the immediate past too much or you may wind up forgoing future opportunities. Most of us feel losses twice as strongly as we do gains so now is not a fun time. FWIW Kat PS a great article by a G&Ker and a NPIer over at the Fool rtwreport.com

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