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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: MeDroogies who wrote (2640)3/28/2001 3:53:37 PM
From: JHP  Read Replies (1) | Respond to of 74559
 
portfolio cut in half,you have to be stupid to let
that happen! My 82 year old mother keeps telling me return
of capital is far more important then return on capital.
i have just lost all respect for your friend!<G>
regards john

>>As a friend of mine just said, his portfolio has been cut in 1/2, but he doesn't really care because he was only investing the money anyway. Were he actually using it as a means to an end (car, house, renovation), he'd have more worries. As it is, he doesn't care because his timeframe isn't today anyway. If he were to suddenly need the money and had to sell, then he'd be a bit upset. But he doesn't and he isn't.<<