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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (44781)	12/18/2000 2:11:01 PM
From: Stock Farmer	Respond to of 77400

My strategy not to have to work. Then work because it's enjoyable and enjoy life. I can't imagine one should invest with the idea in mind to collect share certificates. Also can't imagine investing by stuffing cash into a safe. Need growth, need income. Without getting too complicated, my strategy is one which maximizes the probability of having more capital next month than I had last month. I adjust the balance between cash, fixed income, income, growth and agressive growth depending on macro conditions and then try not to worry about trading in between positions. Use a full service broker and sleep well at night. So right now, a defensive strategy is optimum (or, at least the tech carnage is proving it to have been). I imagine that a future time, not yet here, will indicate exactly the opposite stance. I intend to miss the bottom however. Far better to do that than catch a false one. I'm not about to blow away ten years of hard earned windfall ;) John.