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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: Pruguy who wrote (12569)12/19/1998 11:26:00 PM
From: sakura  Read Replies (1) | Respond to of 13594
 
Hi pruguy

No offence.
When did you buy CS? I just checked your favorite.

Just curious

Diversification. you got a point!!!!!!



To: Pruguy who wrote (12569)12/20/1998 1:07:00 AM
From: LindyBill  Respond to of 13594
 
you do not have the necessary training or knowledge and to practice as an investment advisor without the proper licenses is a violation of law.
Oh, really? If some bureaucrat in Sacramento or Washington had given me a license, I would then be qualified to give out investment advice? Everybody on these boards is giving out investment advice, and getting it. Want to put us all in jail?
If the old rules are outdated and your wisdom of three stocks is all that is needed for adequate diversification, why would you argue that 3 is better than 1...wouldn't it just be best to have all your money in your best pick
I don't argue that 3 are better than one, It could be best to have all your money in one. That's up to you to decide. At the moment, I have four stocks I trust to go up,(AOL,CSCO,DELL,&MSFT). If two go up, and the others don't, I am ahead. I would like to have five, and be right on two, but that's not how it works out for me right now. Most people can't follow more tnan five, on a part-time basis, But that's up to them.



To: Pruguy who wrote (12569)12/20/1998 2:17:00 AM
From: David Montgomery  Respond to of 13594
 
If you feel there is no chance of being wrong, than 1 pick is your best solution

One (1) pick at a time. That's the way most people do it. Then you get diversified.

to practice as an investment advisor without the proper licenses is a violation of law

It doesn't take a rocket scientist to know that Edison invented a light bulb first. He wasn't thinking about phonograph records or turbine generators. If a bureaucrat got involved, there would be too many unknowns to invent a light bulb. I guess Edison should have been given a light bulb invention license by a bureaucrat. Or was it illegal to invent the light bulb?



To: Pruguy who wrote (12569)12/20/1998 7:48:00 AM
From: LindyBill  Read Replies (1) | Respond to of 13594
 
to practice as an investment advisor without the proper licenses is a violation of law
Hey, "Pruguy", it just occurred to me, do you make a living peddling for Prudential Insurance? If so, I wouldn't run around these boards posting "flames" of other peoples investment opinions, and sending them "ad hominen" E mail. Prudential started off selling high cost "Industrial" whole life insurance to poor people, then graduated in the 80's to ripping off people with real estate schemes. After almost going under paying back the people they defrauded, they now peddle high cost term and whole life insurance and mediocre Mutual Funds.



To: Pruguy who wrote (12569)12/20/1998 3:35:00 PM
From: PMS Witch  Respond to of 13594
 
"To practice as an investment advisor without the proper licenses is a violation of law."

Are you a lawyer? It looks like you're giving legal advice. PW.



To: Pruguy who wrote (12569)12/20/1998 9:55:00 PM
From: manohar kanuri  Read Replies (1) | Respond to of 13594
 
to practice as an investment advisor without the proper licenses is a violation of law

Unless you or someone here on SI been paying LindyBill in some way, shape or form, for his investment advice he's not required to have a license. Last time I checked you can express your opinions anywhere, anytime. Including ill-considered observations on points of law.

mano