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


To: unclewest who wrote (15352)1/16/2000 9:17:00 PM
From: JRH  Read Replies (2) | Respond to of 54805
 
Thread:

Thanks for the discussion and explanations on retirement expenditures and planning. These will be good things to know for my own retirement (after graduation) <gg>...

Justin



To: unclewest who wrote (15352)1/16/2000 9:42:00 PM
From: gdichaz  Read Replies (1) | Respond to of 54805
 
unclewest: A footnote:

"The level of independence and free thinking on this subject is stimulating...maybe we should revisit the subject after a real bad 6 months in the market."

Sadly, many people are so concerned about "a real bad 6 months in the market" that they act as if that were just around the corner or were about to happen. This is the most common mistake in investing.

Well chosen rapidly growing stocks are by far the best investment to have in "a real bad 6 months in the market" as they are at other times.

(I have held such stocks (such as Cisco) through bad times and earlier in flat out recessions - the point is to avoid the need to sell when the market has tanked)

What you suggest is practical. Protect yourself so you do not need to sell during bad times or downturns, but I submit that the stocks to hold onto during those times are exactly those you should have in good times.

But again, that is just me.

Best.

And by the way, I am very very very pleased with Cree. Have added three times in the last couple of weeks.

Cree is a great stock for a retiree's portfolio. Grin.

Cha2