Message:

<p>[QUOTE=&quot;-jeffB, post: 2895447, member: 27832&quot;]I wasn&#039;t as smart as Kurt and his family -- I bought a couple of stocks (NT, one of the big mortgage companies) that went to zero, and rode them all the way down, losing thousands. (&quot;Buy and hold&quot; isn&#039;t <i>always</i> a winning strategy.)</p><p><br /></p><p>But I could sell less than half of my Apple <i>or</i> Google today and more than cover <i>all</i> those losses just from my profit. Or I could sell my eBay and PayPal -- I got in on the PayPal IPO for a hundred shares ($1300), held on while eBay acquired them and then spun them back out. Together, those shares are worth more than 11 times what I paid for them. Again, that would cover all my mistakes.</p><p><br /></p><p>And <b>I&#039;m not even that good at this</b>. I&#039;m mostly buy-and-hold, usually on the basis of limited research and insight. If I&#039;d put it all into reasonable mutual funds -- instead of a couple of stars, a few dogs, and a lot of moderate performers -- I&#039;d be further ahead than I am now.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in