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To: Nanny who wrote (7864)1/15/1998 6:41:00 PM
From: Brent  Respond to of 11098
 
Nanny, She has the same philosophy that I do. I use the 'It's not timing ...' phrase all the time as well, but I think they teach that phrase the first day in every broker training class.

I am a financial planning oriented investment advisor focused on developing diversified portfolios to meet my clients objectives while staying within their risk tolerance. (Yes that does sound canned, but it's true) All but one of my clients is focused on the long term and could care less about daily fluctuations.

I only have one client who is a trader (in an out in 3-6 months). It's actually kind of funny. He came into some money and had never invested before. Chasing hot stocks and trying to get 'tips' is how he has always invisioned investing, so he insists on doing it now that he can invest. I think he just enjoys telling people about how he's a 'big' trader.

The trading that I do is only in my personal account and represents less than 10% of my invested assets. I don't even look at the SI boards for my long term holds. That is too boring. The day to day chatter and volatility won't make me sell those, so there is no point in reading the threads.

Brent