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

To: LindyBill who wrote (40374)	3/13/2001 1:22:48 PM
From: Apollo	Read Replies (3) \| Respond to of 54805

Lindy, thanx for your response. I wasn't in any way trying to bring more 'pain' to you by recalling it. But I did ask a question that I was hoping you could guide us on. I'll re-ask it here, but if there is no good answer, that's OK. What would you advise the rest of us who haven't yet tried retirement on how to better determine the "magic number"? best, apollo

To: LindyBill who wrote (40374)	3/19/2001 3:03:03 PM
From: StockHawk	Respond to of 54805

I started spending money like there was no end to it, and speculating in tech stocks. I lost my ass, of course, and I am now paying for it. Lindy, since I believe you were not using margin, selling some stock when it was high to buy things, in hindsight, was a fine idea. Plenty of people made piles of money in the market, only to look fondly at their brokerage statements each month. Now many of those statements are back where they started. What you did was far better. If you had been too greedy to own fewer stocks, and had borrowed against your holdings to buy things, that would have been a disaster. But that's not what you did. You made money, you cashed in some winnings, and you enjoyed it. Ok, so next time you will sock some away in a bond fund or money market. We all will <g>. StockHawk