Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (4022)	1/5/2004 1:32:35 AM
From: GraceZ	Read Replies (1) \| Respond to of 4910

but I can't make head or tails of where you have, or intend, to stick you cash. Last year you could have put it in anything but cash and made a pile. There was money to be made in real estate, gold, equities and bonds both foreign as well as domestic. I owned all those things and have for some time. For the most part anyone who wasn't 100% in a MM made money last year, it wasn't rocket science. Although, periodically, I go to a high percentage of cash. This is how I offset the risk in the portfolios I manage. In retrospect the year looked easy, but it wasn't. If you were in equities before March last year it was hard to hold through that swoon and equally difficult to buy coming out of it. If you had big gains in treasuries you had to time it right or get crushed. I've been selling real estate slowly in the last two years. Almost everything I sold, I sold early. Some of it came back to me. I gave up waiting for DROOY to get to half where I sold it and bought some a few weeks ago. I doubt I'll be able to hold it for a LT gain, but you never know, the Rand could continue to trend down and the dollar reverse. I don't talk about where I'm going to put money specifically in my public posts because I do this for a living. It's inappropriate for me to discuss investments in anything but the most general terms here. But I'll keep doing what I do in the up coming year, picking stocks and other investments, investigating companies in between listening to company CCs. Unlike everyone here I don't believe that the future will play out in some sort of predictable script. It never does. I'm neither bull nor bear, I'm optimistic about many things and pessimistic about others. I believe there is always something better to buy in the future so I don't feel like I have to own anything. In a month I could be 100% cash or 80% equities, depends on how the market and the individual names I follow act.