Good luck to you, too, L. You might be right and I wouldn't be the least bit surprised; see my last few posts. But I still wish I would have had the titanium gazinkas to jump in back when it looked like the bubble was bursting a few months ago. I could have bought some Csco for $42 ($76 today), Lu at $54 ($90 today), Noka at $55 ($101 today), Ericy at $15 ($25 today), Tlab at $32 ($56 today), G* at $8, Lor at $12, even some of the Q at $38. No guarantees it will happen again but if I'd have had the Kevlar skin to move at that time, I'd likely be retiring today!
As marginmike said, some judicious hedging isn't a bad idea, IMO; spreading it around a little. I'm closing on a tidy little piece of income RE in a coupla' weeks and doing some home improvements that I've been looking forward to. If the bottom falls out of the market, at least I've got some well selected hard assets and a nice home to live in. I think I'm going to want some (likely soon to be) dirt (or should that be "shale") cheap oil production stocks pretty soon; just a hunch. From sat's way high in the sky to oil deep down in the ground; now that's diversification! ; )
Regards to you, L.
For those seeking to increase their personal paranoia level only:
Message 6675944 |
