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Pastimes : G&K Investing for Curmudgeons -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (1273)	3/22/2000 8:19:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 22706

>> Looks like it will be a profitable drive. I am up 4% today, and I think march and april will continue the same way. Sure hope so, Bill, but the one thing you can count on is Mr. Market surprising you. >> QQQ is up 1.6%, Frank, that's what I have been talking about Remember, Bill, QQQ is my cash repository; I use it instead of leaving my unapplied funds in cash. Fido only pays 5% money market rates on the cash in my account, but the money I parked in QQQ on 1/28/00 has returned 30.3%, which is a fair rate of return. Overall, I was up 4.8% today with my G&K+QQQ portfolio, since QQQ only represents < 9% of the pie. Your streamlined version of QQQ is fascinating and will probably dwarf QQQ's returns, but it takes too much work for me to contemplate doing it. I like to keep my investing universe very small, and stay current on each of my 7 holdings on a daily basis. That's something you can't possibly do with your diversified portfolio. Or can you? cuf