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Pastimes : John Dessauer's Investors World

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To: Rand S. Feldman who wrote (1955)12/30/1998 8:21:00 PM
From: DWB   of 2346
 
Rand,

From my perspective, I would diversify that 20K into a small group of different stocks (anywhere from 5-10), and buy dollar amounts, not round lots. As has been mentioned previously... if you invest $2K in a stock and it goes up 50%, you will have $3K at the end, no matter how many shares you held during the time. Therefore, with today's low commission brokerages, it makes sense to pay less attention to how many shares you have, as how much they've appreciated. Everything is relative, and if you have $20K to invest, then that's better than $10K...

DWB
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