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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Martin E. Frankel who wrote (14467)	1/10/1999 4:22:00 PM
From: cicak	Respond to of 44908

Marty - thanks for sharing your story with the thread of your conversation with Nelson Rockefeller. P.S. Those typos get me every time. :~) Regards, Phil

To: Martin E. Frankel who wrote (14467)	1/10/1999 8:00:00 PM
From: E. M. Edds	Read Replies (1) \| Respond to of 44908

Dr. Frankel, I enjoyed your story. Is that true--meeting Rockefeller(sp.?)? I've met Zsa Zsa Gabor, well actually, I was flying in coach and she in first class returning from a stay at Sailfish Marina in West Palm Beach, and she sent the flight attendant back to ask me for my magazine, which she returned at the end of the flight with her signature. She gave me some sage advice--"Don't slap policemen!" Not really. I've also met the junkyard dog, jake the snake roberts, rick pitino, . . . Not quite the same, though. Another quote, one of my favorites, from another billionaire--Ross Perot "If you watch the pennies, the dollars take care of themselves." People laugh at me when I see a nickel on the ground and pick it up, but I always keep that quote in the back of my mind. TSIG could very well be like picking nickels off the ground at these low prices. My dad gave me "The Millionaire Next Door," by Stanley and Danko--a very interesting read on the wealthy. Interestingly, the neighbors on one side of my father own a large furniture manufacturer, and on the other side they own a large portion of a bank and were in the oil industry for years. Both are older, live in modest homes, drive modest cars, and follow the trends in the book. Here's an excerpt: "Do you define active investors as people who, on average, keep an investment for days? Of the millionaires we interviewed, fewer than 1 percent of those who own stock are in this league. How about weeks? Another 1 percent. Let's move up to those who, on average, hold on for months but less than a year. Fewer than 7 percent are "monthly" investors. Overall, only about 9 percent of the millionaires we have interviewed hold their investments for less than one year. In other words, fewer than one in ten millionaires are "active investors." One in five (20 percent) hold, on average, for a year or two; one in four (25 percent) hold for between two and four years. About 13 percent are in the four-to-six year category. More than three in ten (32 percent) hold their investments for more than six years. In fact, 42 percent of the millionaires we interviewed for our latest survey had made no trades whatsoever in their stock portfolios in the year prior to the interview."