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


To: LTK007 who wrote (52919)4/18/2002 2:03:45 PM
From: AD  Respond to of 99280
 
yep itsallover... every time someone who's not familiar with the risks of the market asks me what stocks to put some saved up cash into I have a simple answer. I tell them what some innocent investors I know did. One took a 2 million dollar trust and turned it into one million , over a few short years.
Another took 1/4 mil , rode it to 1/2 mill during the bubble and it's now under 1/4 mill.

Cash can be king many times. All you lose is opportunity. But losing cash to bad stock investments , just because you think 2% in the bank is too painful, is outright goofy.

There will be a time to buy again. I for one don't think it's here yet.
AD