Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: gdichaz who wrote (15355)	1/16/2000 10:44:00 PM
From: unclewest	Read Replies (1) \| Respond to of 54805

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. agree, i remain 100% invested at all times.... my stock portfolio is all gorillas and kings and cree now (with one small exception). but i do have other investments as well. i am retired now. if i were 20 years younger, i would be 100% in gorillas and kings in the midst of tornadoes. 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. again, i apologize for using 6 months...ok let's make it 6 years... my point is simple...my retirement is well funded...i do not need to expose/risk my short term income needs to short term fluctuations in the market thereby reducing my capital % inappropriately during downturns. (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) agree 110% 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. exactly my point...thanks for saying that... i say again it is much easier to fund a comfortable retirement year or two when things are going great...than when the market is heading south. i got some assistance because i was not sure how to figure ssan payments, medicare, pensions, annuities, ira, equity investments, other investments. i had all of that going on. i did not know all of the tax implications of various possible scenarios... now i have a nice little plan for what to do when and why...i have a plan for good market years and bad ones...my life style is not affected by market fluctuations...my net worth is but not my nice comfortable retirement lifestyle.