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

To: Grantcw who wrote (10266)	11/13/1999 10:06:00 PM
From: JRH	Respond to of 54805

Grant: First off, I think that you have a great philosophy on why you should diversify. I am very familiar with the "addiction" that you talk about when it comes to things like watching the Q. Then again, I'd wager that we all have that addiction <g>. Last Spring, I found a good way to deal with this addiction was to go on a "diet" from the market. For more than one month, I refrained from looking at the value of my portfolio (as small as it was ;) or at the daily fluctuation of my portfolio as a whole. To make it easier on myself, I still lurked and posted on the threads. This way, I was still 'in the loop' on the market as a whole. From this experience, I discovered two things: 1.) After my "diet", I was less concerned with daily movement of stocks, which would have otherwise made me take short term actions on my portfolio. I began acquiring a more long-term scope on the market, which is what I wanted in the first place. 2.) I don't need to waste time tracking daily motions of the market, every day, throughout the day, when my outlook is a minimum ten years from now! Nonetheless, I can still keep up with the latest news from my companies. But it sounds like you have things in order, and your decision is the best thing for yourself! Good luck, Justin (I think I need to go on another diet <g>)