SI
SI
discoversearch

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: lurqer who wrote (16257)1/25/2000 2:02:00 AM
From: john99walsh  Respond to of 54805
 
lurqer,

Thanks for the words of caution. Over each of the last several years I have steadily become a bit more conservative with my margin borrowing. At the beginning (about 5 years ago) I considered an equity ownership of 50% OK. Then a little later I decided that 60% was where my comfort level was. My current comfort level is at an equity ownership of 75%. If I am above this I feel OK with making additional purchases. Also, this is my only form of debt (no on-going credit card debt, no mortgage debt).

Who knows? In another couple years I may either be broke (I certainly hope not) or so conservative that I will eliminate all my margin borrowing. Then I will be back to my position of 6 years ago: ?Yuk, margin borrowing?, never!?.

John Walsh