Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (63802)	9/2/1998 8:04:00 PM
From: carl a. mehr	Respond to of 186894

Jim, RE: -"Never borrow money to buy stocks"- Sir John Templeton... That's a lesson that I have not yet decided to heed. When the market crashed in the fall of 1997 my portfolio had risen 9.1 times its low value of the early months of 1996. That meteoric rise was made possible by full use of margin. So did I gain or loose? When all was said and done I am sure that I gained, but I gave back a bunch. So here is my new plan: Move from my current equity position to above 65% before borrowing more money. I am going to play it safe during my "Golden Years" as there is according to Paul Engel no checker job for my wife at Wooolworth. Thanks to all for your response to post #63794. One correction: The HP80 calculator vintage is 1973 not 1983. Great calculator still going strong, and easy to use, humble carl