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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sig who wrote (20308)11/2/1997 7:28:00 PM
From: freeus  Read Replies (1) | Respond to of 176388
 
To Sig and all:
Yahoo finance today on their list of news article had Fidelity's warning to its investors to stay calm. You can read the whole thing if you like but the important part to me was:
if an investor got out of all their stock funds and holdings on Jan 1 1987 and avoided the crash, getting back in in December 1987, he/she made a 296% return. Not bad. But, if that same investor just stayed invested and lived through both crashes, and any others, after the Oct. 1997 crash that investor will have a 323% return!!!!
So there goes my idea of selling when Dell goes up and waiting for the next crash. Obviously not a good idea. If there is one thing Fidelity excels at, its research.
Freeus