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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (29473)	12/28/2007 7:04:45 PM
From: Lazarus	Read Replies (3) of 78748

regarding the following: not loose principle, limit all losses and generate income (ie dividends) so the proceeds can compound. did ok in the "not lose principle dept" sucked BIG TIME at limiting losses - for example had 20k shares of a stock in my IRA that I purchased for under a dime and when the stupid (dotcom) stock was $18.75 I didnt sell. I actually watched it go BK and sink to ZERO. Thankfully I did sell some other shares I had on the way up for a profit.... I was holding the last 20k shares for "better or worse" and got shown the WORSE and managed to leave the BIG BUCKS on the table. since all the stocks were for pretty much for capital gains I havent made much on divys - except CDLA which I snagged as low as 7 cents per share and grabbed my last 50k shares at .15. they are paying me another penny per share divy this year. lest anyone think my head is puffy, let me assure that you that I made blunders galore. by my last count I had 84 stocks in my portfolio that = zero or are otherwise untradeable.they represent hundreds of thousands of dollars in paper-profit losses. I spoze I could write a book &&%%@?

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