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To: Eric Jacobson who wrote (1959)	1/1/1999 3:02:00 PM
From: Tony Pache	Read Replies (1) of 2346

No problem! All this advice is 'free'! Glad I stirred some people to offer good responses... However, I'll defend my position as such: 1. In a raging bull market, you could follow any strategy and still do fairly well. I could pick 10 stocks that have done very well and justify any given strategy over another. 2. In Rand's case, I don't believe that 20K is sufficient funds to buy enough of a stock to make a difference, and is insufficient money to create a good diversified portfolio (if the 20K is his only investment money). Just trying to give a word of caution... My point was that if you have a relatively small amount to start with, I'd put a chunck in a mutual fund to get some diversity, and use the rest to 'play' and see if I was as smart as I thought I was... :) Happy new year to all and good investing!

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