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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (14398)	5/1/2002 10:21:57 PM
From: Investor2	Read Replies (1) \| Respond to of 78602

Hi Paul. Unfortunately, I've also had plenty of losers too. You want one of my losers? How about HCOM, which I purchased for $6.00, doubled up at $2.00, and sold for $0.02 ... is that bad enough for you? <gggg> Luckily, it was not a very large position. I don't have many individual stock losers now, though. As a matter of fact, I don't have many individual stocks, period. I lightened up on my winners in late 1999 and early 2000 (e.g. CYMI, CL, MCD, SBC ... even sold some funds like MNGCX, PBTCX and PRSCX). Also, I sold nearly all of my loser stocks (and there were a lot of them) and lightened up on my loser funds back in December of 2000 to off-set my earlier capital gains, as well as a one-time gain from a business venture. I haven't done any trading whatsoever for the past year or more. I'm very heavy in GNMA funds (primarily VFIIX, to a smaller degree BGNMX), with some bond funds (SWLBX). And then there are the bonds/bills in my Treasury Direct account. I kept my core holdings in S&P500, POMIX, BARAX, VEURX, etc. I really don't have any specific stock suggestions, although I've been watching a few that I sold and I'd like to get back into some time (e.g. CL, SBC .. even MCD, because it's an old favorite of mine). I realized that I had my priorities wrong. I was putting way too much focus on the market, SI, etc. It's like investing and worrying about money was my "god." I really didn't realize how much time I was spending on it. I'm just recently getting back into SI a little bit, but nothing like I used to. I hope you're doing well. I'm sure you are, with your steady approach to investing. Best wishes, I2