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To: Daniel Miller who wrote (3217)2/25/1998 10:07:00 PM
From: Robert Graham  Read Replies (1) | Respond to of 12617
 
No problem. You see, I will throw questions at you that I hope will help you to think in a way that will help you to the answers you are looking for. I am not here to provide you with a quick "fix", or answer. Believe me when I say this will end up taking away from you the opportunity to learn how to be self-reliant in the market. This will help cheat you out of a future of success in the stock market.

I had a friend whose parents dies in the same year. He and his sister were left with about $500,000 in a stock portfolio and at least another $500,000 in a small office building and one house. My friend searched for answers. It was easy to find someone with "answers". Inside of one year, he lost over $200,000. Those answers came at a high cost, didn't day. Worse yet, he did not come away with learning much from his experience, other than not to place trust in the answers other people gave him, who naturally did not have the same interest in him succeeding in the market. I am not saying you are in the same situation, and you do know more than they did about the stock market. However, these are the pitfalls in having other people provide you with the answer.

There are many people out there willing to make stock recommendations or give you a "cake recipie" to success in the stock market. There is no such thing. What is scary is that many adults think this way, and they continue to think this way while they gamble their money. Because without the proper knowledge and experience in the markets, playing the market is nothing more than gambling at Las Vegas. Now the key here is to go through your learning experience without losing allot of money. $300 does not give you much money to lose, and losing money in the market is inevitable particularly when starting out. So this is why I say at best you will be able to provide yourself with a $300 learning experience. And if you are lucky, this $300 learnings experience will be priceless in helping you to your goals in the future.

Bob Graham