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To: H Peterson who wrote (1179)1/22/2000 10:38:00 PM
From: Poet  Respond to of 35685
 
Hi,

Those are tough questions. You're about 57 now, right? Do you have other stocks? A substantial retirement account? (You don't have to answer here, I'm just thinking out loud about where you "are" financially.)

At first blush, I think a 15 to 20% return is pretty decent, if guaranteed. I adore QCOM, have a great deal of faith in it over the long haul, and have no intention of selling for years, but it's impossible to know where it's going to go in the short term.

How about a halfway measure: putting $35 in the company plan, investing $35 in Gorilla stocks?

Don'y know if this helps. Hang onto those nine shares, though. :)



To: H Peterson who wrote (1179)1/22/2000 10:40:00 PM
From: DaYooper  Read Replies (1) | Respond to of 35685
 
My question is, would I be better off putting that $70 a week into Gorilla's and Kings and making more than 15-20% YTD? Any suggestions or advice on this situation would be greatly appreciated.

I can't imagine a low-cost way to invest weekly or even monthly into G&Ks. Better to continue your cost-free contributions to the 401k so that every dollar is invested rather than paying some commissions.

If you have a lump sum available in a cash-type account or in a rollover IRA, that would be a great vehicle to invest into G&Ks.

Best of luck. Rory



To: H Peterson who wrote (1179)1/23/2000 3:47:00 AM
From: jmac  Respond to of 35685
 
My 2 cents. If you're getting 15-20% in your 401k plan, I'd stick with that plan. Gorillas and Kings are doing better now but I guarantee you that they will correct steeply and your 401k plan won't. When it will happen, I haven't a clue. But this is your retirement money. 15-20% is GREAT.

If you have some extra change, then play G&K.



To: H Peterson who wrote (1179)1/23/2000 8:17:00 AM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
What is the penalty for pulling your funds from the 401k?