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Giving the markets a good walloping!
> I started investing only last year, and
> investing tiny amounts ($50/month or so). My > return's only about 7%... not as good as > Dien, but a whole lot better than the stock > market itself, bank savings account, money > market, etc. > I enjoy it. It's kind of a grand cosmic game > of strategy (and outwitting the odds.) It > does mean paying careful attention to the > news and accepting that you, like Warren > Buffet, will have investments that go down. > The trick is knowing when to get out. Hi Mel, Congratulations on your returns! Because the markets did so badly in 2001, you've really given the markets a walloping! I think these bad times can be good training.... Anyone can make money from stocks in a "bull" market, it's tougher to make money in a "bear" market. But if you can, then when the "bull" market comes along again, you know you'll probably get some truly spectacular returns! And you won't have to fear a "bear" market any more either.... :) - Dien Rice |
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