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


To: rsie who wrote (13223)4/15/2000 11:11:00 AM
From: rsie  Respond to of 15132
 
from a CBS marketwatch guru:

1. Do nothing
2. Don't panic
3. Never, never time the market
4. Remember, daytraders die broke
5. Diversify your portfolio
6. Keep tech holdings under 15 percent
7. And Internet holdings under 5 percent
8. Buy and hold long-term winners
9. Trust yourself
10. Lighten up, there are more important things in life

And now here's one more -- for the moment:

11. This too shall pass

To paraphrase Schwager, "Do not get caught up in mass hysteria of this technology market
correction.. By the time this story gets analyzed to death by the national press and media, the
trend is over and it is too late to do anything anyway!" You are a long-term, buy'n'hold
investor. Believe it. Trust yourself. This is the test! The moment of truth.

Do nothing!

Take the kids to soccer. Go to a movie, the new DreamWorks movie, Eldorado. Or take the
family out to a nice restaurant for dinner and celebrate what's really important in life, crash or
no crash. Whatever you do, turn off CNBC and CNN tonight. No more anxiety! Remember
rule #10, lighten up. If you want to watch television, catch "Third Rock From The Sun!"
Good laughs. Besides, doesn't the Nasdaq kinda remind you of that silly "Third Rock"
humor? Like we're on the "Third Rock" folks! I guarantee you laughing and dinner with the
family will make you a better investor for the long-term than today's breaking news on
CNBC.

PS, I would change #3 above to: Take the Marketimer newslatter.....8)))))Rich



To: rsie who wrote (13223)4/15/2000 1:53:00 PM
From: Hank Stamper  Respond to of 15132
 
Rich,
"Cuba and China, what great countries......"

Are these on your recommended list? <g>

Ciao,
David Todtman