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

To: Chuzzlewit who wrote (21602)	11/16/1997 12:18:00 PM
From: Paul Merriwether	Read Replies (2) \| Respond to of 176387

<<Paul, you are wrong again when you say "People should not 'invest their retirement' into a high risk stock". There is nothing wring with having a portfolio of high risk stocks (stocks with beta >1.5) provided you are diversified. My retirement portfolio has a beta of about 1.80, and has done quite well for the year (up about 53% annualized even after the past few weeks). I sincerely hope you get a chance to short DELL in the very near future.>> OT Paul I don't think that you can "prove" me wrong based on anecdotal evidence. Especially with a sample size of 1. A retirement account is a very long term, precious investment for most of us. The amount of risk you can take with your money is supposed to depend on your age. With people in their 20's supposedly should invest in higher risk investments while people in their 50's should invest in a very low risk portfolio. You have been very fortunate this year with a portfolio appreciation of 53% so far. Am very happy for you. However, do consider hedging your portfolio with shorts in overpriced securities in the same industry(in your case probably the tech. sector). Also, consider that the stock market might just be about to crash because even engineers(such as myself) are giving investment advice! :) (I heard that Vanderbilt saved himself a bundle by cashing out 2 weeks before the 1929 crash because a bellboy gave him a stock tip).