Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (95150)	3/3/2001 2:49:10 PM
From: alanrs	Read Replies (1) \| Respond to of 152472

Thanks, I appreciate the warning. I've been investing in individual stocks for 14 years now and have finally gotten to the point where I have several sizeable investments in various asset classes and feel I can afford to screw around a bit-this despite the recent high tech hair cut. Thankfully REITS and my own personal real estate did very well this year and I was able to cash out of some of it. I also have a special "I'll never eat dog food" fund that is not exposed to the market, although in truth, every financial asset is exposed to some degree. Oddly enough, I came to the same dollar figure you suggest ($10,000) for exploring options, although that is somewhat less than the 10% of net worth you suggest. The majority of my stock portfolio is high tech, buy and hold with some swing trading, and the proceeds from the options have gone to adding to positions in NTAP and QCOM and LSI and PRIA. Now I would like to add SEBL and more CREE and TQNT and WIND. Unfortunately, the very simple to say but harder to do "buy low and sell high" requires one to BUY LOW, and I try to dollar cost in when the market looks low. All this requires new dollars from somewhere and I'm not willing to shift assets into the market that don't belong there in my own personal life (as tempting as that is right now). It's just too easy to be wrong, and patience is one thing but eating dog food is quite another.