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

To: JRI who wrote (61999)	8/28/1998 4:51:00 PM
From: Tweaker	Respond to of 176387

John, 30% is the goal I have for my investment too. I think it is reasonable. Thanks to Dell,Lu, Msft, and Cisco I am way ahead of my goal. Even with this dip, I am doin' fine. Phil

To: JRI who wrote (61999)	8/28/1998 5:19:00 PM
From: David Harker	Respond to of 176387

John, I agree, 30% return per year is awesome. That is my goal in our portfolio (my wife and I), if I achieve it we'll have a few million dollars at age 50 (I'm 32) and my wife and I will retire (this is outside of my 401k, in which I have 2x what we have in our stock account). Dell is currently 37% of our portfolio, to be held forever (unless they royally screw up). 30% compounded for 18 yrs turns each dollar into $112.50! I track my annual results, and know (for each calendar year) what the portfolio must be worth at year-end to have achieved 30%. I make this tougher on myself by considering all new cash "infusions" (investments) into the stock account to have been made on Jan 1 of that year. So, if I started 1998 with $10,000 and added $4,000 in August '98, I track the 30% goal for '98 by pretending that I had $14,000 on Jan 1, so therefore must have 1.3 * 14k = $18,200 at year-end (these dollar amounts are hypothetical). Each long-term holding must therefore be capable of 30% long-term growth, and Dell sure meets that criteria, but I'm not counting on anything above that.