Jason -
can any of you tell me what you would have done differently in your beginning investing years
In my case, I think I was too conservative. When I was younger, and had a lot less in the way of personal obligations, I could have easily survived a major hit on my portfilio, so my risk profile was a lot lower. None the less, I held a lot of 'safe' stocks and only a small percentage of 'risky' tech stocks. It wasn't until the late 80's, when I was in my late 30's-early 40's and had been investing for about 10 years, that I began putting serious money into the techs. Even though I lost big on a couple of stocks with that strategy, the winners (MSFT, Intel, CPQ, a few others) more than made up for the losers. If I had done that even 5 years earlier I think I would be a much wealthier man.
Of course at that time we did not have anything like the access to information that a forum like SI gives us, and it was a lot more of a crap-shoot to determine what was likely to happen. |
