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


To: SouthFloridaGuy who wrote (45986)1/4/2001 10:46:24 AM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 77400
 
For your reading enjoyment:

cepr.net



To: SouthFloridaGuy who wrote (45986)1/4/2001 11:43:26 AM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
Hmmm. OK, S.O. Then you should take your cash and put it in bonds, because that's where you'll make the most money. No sense in investing in the stock market if it will be less 10 years from now than it is today, right?

I think you are wrong, but I have placed my bets and will continue to do so. If you have conviction, then you should do the same according to your own projections. I'll tell you this, though. Today, I have literally 8 times the net worth I did in 1989. Much of that is through stock market gains on top of steady savings and investment plans. So I don't know why Tanaka didn't do as well and I don't care. But I plan to at least triple my net worth between now and 10 years from now using the same formula I did in the last 10 years.

Steady savings and investments. Long term buy and hold. That is the only way to weather the storms successfully.