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To: ThePythonicCow
Dumped in $6K last week. Kept the P/E under 30 and made sure each and every had a "Buy" or "Strong Buy" rating.

The wife complained, but even the dividends have to be better that the 1.9% the bank is giving me.

6 posted on 06/23/2002 1:26:52 AM PDT by opticoax
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To: opticoax
Good luck with the $6K. But don't forget -- there's no "has to be" in this game. Plus 1.9% beats Minus 40%, anytime. And for all either of us know, that might be your result.

For younger investors (not me, that's for sure), it's good to take chances. That's because most of the money they invest over the next decade will be new money. If they score big on one investment, and completely blow out another, they win, and still have the nice flow of new money each year, to look for more winners. For older investors, most of the money they will be investing comes from returns on what they already got. One big mistake, and there is no way back.

7 posted on 06/23/2002 1:34:16 AM PDT by ThePythonicCow
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