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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (57840)	2/21/2002 3:57:36 PM
From: JakeStraw	Respond to of 77400

>>So I'll maintain that long term diversified holdings are the way to go. It's a shame more people don't ever realize that!

To: RetiredNow who wrote (57840)	2/21/2002 4:37:41 PM
From: SouthFloridaGuy	Respond to of 77400

OT: reserved for mindmeld. "The next 20 years will be like the last"? What does that mean? I guess it could mean that we'll have another bubble in 20 years, but I doubt it. No it means that investors are like wilderbeast. They move in herds. They salivate on buying stocks at a 10% disocunt after they have moved 2,000 percent in 5 years and surpassed the GDP's of most nations. The best investments of the past 20 years are never the best investments of the next. Point blank. So the best solution is to be diversified across asset categories and industries. Unfortunately it never happens. If it did, CSCO would never have sported a 500+ billion market cap. Secondly, many people don't have a clue about diversification. Diversification refers to having investments in uncorrelated asset classes. Most people think that having a small-cap, mid-cap, and large cap, and diversified fund makes you diversified. Although, Bambs is right at this moment, he won't always be. You guys remind me of my brother. He has made a killing in bonds over the last two years and he's laughing all the way to the bank. The thing that is easy to forget is that since he held bonds all the way through the bubble years too, he didn't participate in any of those gains. Of course. I made lot's of money in the bull. Personally, I came onto this board, bearish in April of 2000. Hell, you remember how bad I was mocked then and in Winter of 2000. Where are those people today...broke. The trick is that various asset classes and strategies have their hey day and quite often they last a lot longer than you think. I learned this lesson quite well in 1996 trying to short internet stocks. I learned my lesson and then went long for the ride. The point is that Bambs is right and he will probably be right for a long time because the gold bull market is in it's infancy. Moving 100% for internet stocks was nothing because they moved 20-100x more after that. Millionaires were made from stocks like DELL and CSCO. The same will happen to those who employ a buy and hold strategy with gold and take profits once the mania gets manic. In conclusion, you're a smart guy, I respect you. But remember, not everybody is as smart as us, and that is why the markets and CSCO are D-E-A-D for a very long time.

To: RetiredNow who wrote (57840)	2/21/2002 10:02:19 PM
From: Paul V.	Read Replies (1) \| Respond to of 77400

mindmeid and newyork, Have you read Harry Dents book, "Roaring 2000 Investor"? Dent states that the 2000's the baby boomers are gaining more and putting more into their 401 K and deferred comps until 2008, the time they will start to retire. He stressed that the market will be very bullish up to that time. Then, there will be a glut of the baby taking out their money resulting in a big drop in the market after 2008. Up to that period the US is the best place to be. This makes we wonder what basis the newyork has been saying. According to his profile he states that he has an economic background. Therefore, he must have some rationale. Wish he would share this rationale with us. Paul

To: RetiredNow who wrote (57840)	2/22/2002 1:03:29 AM
From: Nikole Wollerstein	Read Replies (3) \| Respond to of 77400

. Where else would I put my money? Under the mattress? 1.Goverment Bonds (Short, Long, Inflation adjusted) 2. Gold 3 Real estate or REIT's 4 ets There are so many things competing for inventors $$.

To: RetiredNow who wrote (57840)	2/24/2002 4:12:00 PM
From: Tom D	Respond to of 77400

<<where else will I put my money? Under the mattress?>> How about with a professional money manager? Thanks to some folks on this thread, I sold all my CSCO in October 2000 (see post #50918 if interested in details). I put it with a professional MM and lost 2.5% after fees in 2001. I just started a new thread to discuss this. If anybody is interested, here is the link. Subject 52466 FWIW, the best way I could see making money in CSCO would be by writing covered calls. Tom D