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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (37831)	8/9/1999 1:17:00 AM
From: MMW	Read Replies (1) \| Respond to of 152472

Hi Lindy, " Was the fact that I have it all in a 401 and a IRA a big factor? You bet is was! I would have moved much less if I were paying taxes." Without paying taxes, it certainly works to your advantage. I still feel it is very risky to move in and out the stocks unless you devote all your time to do it. I am convinced that buying a quality stock and hold for long time is the best strategy for individual investor. The difficult part is picking a stock especially in high tech area. You have been very successful in the past judging from your posts. Playing with your 401k or IRA dollar is good not only there is no tax consequence but you are not allowed to do the margin which is another factor could put you in the trouble. Good luck to you!