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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (12864)	3/28/2000 10:43:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 15132

I am sure your investment decision is right for you. I think it is just fine. I decided to share my approach here for all to consider. It might not work for you or it might work only to a degree. If your post was aimed to make fun of my thinking, then try posting something constructive next time. No, I meant no disrespect. Was trying to be funny. I actually think Muni's are a good deal and if you have plenty of money, there is much to be said for owning them. (I like strips in my IRA too... good YTD on those!) I have read that the very rich have so much money that they really don't care about stocks and are happy with muni bond income. They don't even spend it all and have an even larger estate to pass on plus the appreciated real estate they own. Some planners might get them into 30% stocks just to have appreciation to pass on even more. The CONSTRUCTIVE part of my post should be the relative allocations of the true perma bears, Biggs and Dudak, vs the new bear Brinker who has about half the money in the market compared to these bears. It gives one thought to "what is said" vs "what is done". Also, I was stuck that JoeB has a pretty much flat prediction for QQQ between now and the end of the year. This is significant and many do not seem to notice. I predict 'nuts will crack some more along with some bio while the chippers will continue to go up and these balance out for a flat NASDAQ. Could be wrong, but everyone loves to toss out predictions and this seems as reasonable as the next. CSCO has to rest eventually... Just got my Fido G&I Fund report and even this fund has some! How does CSCO get into a G&I fund other than they are all adding S&P500 winning stocks to match performance to the benchmark? I like the theory that most big funds are now more expensive index funds with some marginal differences to try to outperform. Anyway, I'd like to get to 75% if but I just hate to pay taxes or the darned things go up right after I sell some...Amazingly good luck this past yr in stock selection, but you sure can't count on it. To be honest, I'd be happy to be flat for the rest of the year... but I have 20% already and this is far better than a big plunge! rambling it seems so I'll just stop. Kirk out