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


To: yofal who wrote (148664)1/21/2013 2:55:06 PM
From: Doren2 Recommendations  Respond to of 213182
 
The dot-com bubble happened right at the end of the Clinton Admin. I remember it well because I learned a hard lesson in the market and a company I'd worked for ate it at the time.

Oil prices doubled in about one month Oct or Nov I think. It scared me and I was complaining that Clinton was ignoring the problem (SUVs skirting cafe standards) but I left my money in the market. One month later Dec or Jan the dot-com crash started.

It looks like Apple took a dive a few months later. Maybe got the double whammy.

It just so happened that even though I had good stocks that bounced back, at the time I needed money, no buffer to live on, so I had to sell at a loss. That was my lesson. Only invest money you won't need for a long time so you can sit through disasters like 2008. Big Lesson. I hope I've learned more since then.