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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (5982)9/4/1999 11:47:00 AM
From: gdichaz  Respond to of 54805
 
Mike: Whoa ! Careful. While you no doubt are suggesting that any good investment other than those you cite run the real risk of losing money at anytime in the next 7 years - gorillas or no - remembering your point that Cisco has gone down over 40% twice in the last two - the lesson IMO is to take care.

One point Peter Lynch made right off was to avoid relying on bonds or money markets or CDs for investment money. For emergencies sure; investments, naw.

And the Motley Fool has lots of good stuff on this.

Gorillas don't protect from swings but over 7 years the comparison between a well chosen gorilla and a bond or CD should be like night and day.

Except of course for those with a very low threshhold for risk and difficulty sleeping at night.

And to each his/her own.

Cha2



To: Mike Buckley who wrote (5982)9/4/1999 1:02:00 PM
From: gdichaz  Read Replies (3) | Respond to of 54805
 
Mike: Addendum to "don't gamble with money you can't afford to lose"

Thinking about it, you are right. I should have realized you were pointing out that the only way to avoid the loss of dollars is to use the means you suggest. That is separate and distinct from "investing" - by definition any "investment" needs to be with money you can afford to lose.

Cha2



To: Mike Buckley who wrote (5982)9/4/1999 7:50:00 PM
From: Sunny  Respond to of 54805
 
Mike, I won't gp that far. my earlier statements about options involved not only picking the right issue and the right price but getting the time right. At least with a long position you have time.

Sunny