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To: Investor2 who wrote (13990)	5/21/1998 10:00:00 AM
From: Andrew Vance	Read Replies (2) of 17305

AV--Good advice and I am sure something like that will be done. As soon as there is considerable performance or "too much" money is at stake, I am sure he will want to cash out or move to other opportunities to guarantee a very worthwhile downpayment. Where he lives, a nice house would cost just under $300K. A 20% downpayment would be $60K but he would love to keep his monthly payment under $1600/mo. thereby setting a target of close to a $140K as a desired downpayment. Turning $30K to $140K is a monumental task over the course of just under 2 years, even with a dramatic recovery. I explained that if he does invest, he needs to add as much to the kitty as possible each month in order to grow the fund a little faster. It also wouldn't hurt to take advantage of some short term volatility when it occurs, to hasten the growth.<GGG> He is so conservative that: 1. I still do not know if he will invest, even now. 2. At the first sign of good success, he might bail out and consider himself better off than before. Andrew

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