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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (56981)12/5/2001 12:47:50 PM
From: Kirk ©  Read Replies (1) | Respond to of 70976
 
another key...

I listen to several talk shows on the market and most callers were talking about bonds: GNMAs, iBonds, TIPS, money market rates, and junk bonds to get higher rates. Even the advertisers for some of the shows switched to talking about their bond funds and the nice POSITIVE returns they have had the past few years...

I try to stick to a fixed asset allocation so it has me buying when prices go down and selling when prices go up (on the whole) so it really doesn't matter much other than getting over the fear factor to buy and selling enough at the peaks. Being human, I seldom do that well at the top or the bottom (in retrospect) where I think I was 83% invested at the top (August 2000 for me) and 77% on 9/21/01.... but considering the magnitude of the extremes and speed the market moved, I'm pretty pleased with this overall.

K

PS... did a bit of profit taking today and last week to hold me right at 80:20... not sure I trust this rally and am guarding against over exuberance that I caught in the first Q of 2001 where I was up about 10% and didn't reallocate (take profits) as much as I should have.