To: uu who wrote (7945 ) 3/1/1998 1:18:00 AM From: Byron Xiao Read Replies (2) | Respond to of 64865
Addi. Look, I am not a "trader" like you. I am a long term investor. I don't sit around a Quotron all day and watch the slight movement of a stock. I have a 9-5 engineering job and only check the market couple times a day. Maybe that's why my investment strategy is different from you. As far as buying lottery goes, if the Jackpot goes above 10-15 Mill, sure I would give it a try, put down 5-10 bucks. What's wrong with that? One of my former co-worker in San Diego did win the CA lottery of 25M in 1995, and he quited the next day. Yeah, he sure beats my DELL investment. But I think I am happy with a 1600% increase over 2 years. Dell helps me to be able to put 30% of my income to 401K and company stocks options. Otherwise, I will have trouble feeding my family. It helped me pay off lots of bad credits that I have during my school days. I am still a poor slob and drives a 1986 Toyota Tercel. The only time you see me selling DELL is when I want to purchase a house or a better car. I just want to know what better investment strategy you have than putting money in DELL? Do you care to share with me? And let's see the result after 1 year, 2 years. Addi wrote: You state: > Look at it now, I have been right about DELL. I had held on DELL since November 1995. My $18K investment had become $300K. Well, Congratulations! Good for you! Perhaps you should sell everything you have now and buy even more of DELL. You state: > At the mean time, I had invested $35K in SUNW since April 1996. Now it's about $65K. Not bad. Now here is a something to think about: I bet you if you had used your initial 35K and had bought CA lottery ticket every week you could have won the minimum $4 million pool and it would have even beaten not only your SUNW investment but also your DELL!