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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (19170)	4/23/1999 12:53:00 PM
From: RetiredNow	Read Replies (1) \| Respond to of 93625

Really? I guess I'm not a great stock picker. But in the last 2 years I have made only 25% avg annualized in my E-Trade account (mostly due to the losses from PeopleSoft, mostly offset by Cisco thank God). But my mutual funds averaged 36.6%. My wife and I put money in every month, so we dollar cost averaged, and made a higher return than even the mutual fund published in their prospectus. Pretty nice. I know the kinds of returns I am making seem anemic to this Internet generation, but to me they are shockingly high. I remember when people thought 15% was an excellent return and not sustainable. Now if people aren't making 50% per week, they get pissed off. Anyway, I'm not one for margin. I've been burned enough to know when to margin and when not to. As we approach the end of this year, I am finding myself skeptical of how the market will react. In herds, people as well as animals panic. I am seperating myself from the herd, so they can't hurt me. If there is a crash or major correction later this year, more than likely I will have the cash to buy. And if not the cash to buy, at least I will not be caught with margin. Good luck with your investing!