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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (8980)11/28/2001 5:33:26 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
62% of retirement investment for ENRON employees were tied to ENE stock.(i have been listening to CNBC:) 40% of all retirement stock plans are tied up in one company,on average,as companies push and push their employees to load up with tales of happiness.
The average 401k in U.S. now has an on average value of 41thousand dollars---implication--it ain't working.Max



To: LTK007 who wrote (8980)11/28/2001 6:41:44 PM
From: Math Junkie  Read Replies (1) | Respond to of 99280
 
Onw way to avoid that kind of pain is that the first time a stock doubles, sell half and let the rest ride. You wouldn't have made a million, but everything you do make is free money from there on.


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