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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (40344)3/13/2001 12:59:04 AM
From: tekboy  Respond to of 54805
 
Volatility? This is Volatility?

I think you need some VIX Vapor Rub.

tekboy/Ares@badumbump.com



To: LindyBill who wrote (40344)3/13/2001 1:16:56 AM
From: Uncle Frank  Read Replies (3) | Respond to of 54805
 
Dancelot, Nancy has signed us up for dance lessons, and tomorrow is our first session.

The course outline states,

Simplified instruction in beginning swing, foxtrot, waltz, and cha-cha. Learn to lead and follow with confidence, with plenty of time for practice and personal attention. Have more fun on your next cruise, at a wedding, or at an office party. No sticky soled shoes.

My question is, do you think they'd mind if I wore a hat with a big feather to the first lesson, or do I have to earn that right, like of like a black belt?

uf



To: LindyBill who wrote (40344)3/13/2001 1:42:31 AM
From: DaYooper  Read Replies (1) | Respond to of 54805
 
Hi Lindy,

Glad to hear you are doing well outside your investments -- and don't forget -- outside them is where it matters most.

Yes but we gather here to discuss those investments. Like you and everyone else I've suffered great loss in that regard. But what I lost is past gains. And so have you I expect. We rode the volatility up (believing we were brilliant investors) and now we are riding the volatility down. We overshot by far on the upside and now it feels like we are overshooting the downside. In this age of instant information folks live by the moment. The economy is unsure so everyone is selling, when the economy is looking better everyone will be buying. It will happen in the blink of an eye, imo.

So yes this is volatility, much greater than we are used to but still volatility -- at it's strongest.

BTW from this point on, I'm riding it out as well. The prices of our gorilla favs are fair based on traditional and conservative valuation techniques. And that's what really will matter over time. This correction back to normal valuations is a blessing in disguise for tekboy and his peers but it's difficult for most others.

Hang in there and enjoy every day and dance, dance, dance. Rory



To: LindyBill who wrote (40344)3/13/2001 6:50:27 AM
From: Apollo  Read Replies (2) | Respond to of 54805
 
The magic number for retirement....

Lindy,
In 1999, your sharing of your personal experience was valuable for me and others. For the first time, it jiggered my thoughts of what one should have for "a magic number" to insure a stable retirement.

Obviously, each person's magic number will vary with expectations, prior income, blah, blah, blah.

My question to you: Looking back, did you calculate an accurate magic number? If so, why? If not, what would you advise the rest of us who haven't yet tried retirement on how to better determine the "magic number"?

apollo