Kiriakos,
You again miss my point. I think it is very important for everybody to to take inventory of their portfolio's performance on a yearly basis. All mutual funds do, so why shouldn't we?
Not many will say that 1994 was a bull year with the S&P 500 only gaining 1.3%!? I did not keep yearly records prior to 1994. I can tell you that from 1962-1971 I bought all the scam stocks out there and I did poorly. I totally left the market for about 20 years, and persued real estate ventures. With the internet, scams can be spotted very easily. You will notice that much of my effort has been directed towards saving people from buying into those stocks. The scam artists are having a field day, and most of their victims are the 30+ year old investors. I pointed out that SEXI was a scam months before SEC stepped in.
Having been a programmer, I see what doubling your money can do:
1, 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024 etc.
At that rate I will be featured in Forbes amongst the billionares in 10-15 years, and you can say that you heard of me before I became famous (grin). Your grandchildren will ask: "Why did you not follow humble carl's recommendations and put all your eggs in the Intel basket?"
Enough of this. I must direct my attention to my daughter's K5 PC.
humble carl
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