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Re: lentinman post# 743

Monday, 11/19/2007 8:05:17 PM

Monday, November 19, 2007 8:05:17 PM

Post# of 971
Len, you bring up several very good points and it actually helps me to understand why I don't need to be 100% invested all the time. And not earning any return on our money (or just the 4% money market returns) can't and shouldn't be considered losing money. now it makes sense to sell when I have enough gain, and when I feel the stock is very high and I wouldn't be a buyer at that level (and to sell them versus continually hoping that maybe it will get even higher.. which could also happen but I know I should not bank on it as not every stock will move like GOOG, BIDU, RIMM, or AAPL)

I also am learning not to regret the past (and the losses from my mistakes)
Betting on sure/surer things surely is a good advise

I sholdn't be stressed too much, and try to chase unnecesarry risky type of gains (theoritically speaking), as I am at a point where I don't really need to chase huge returns anymore but it's ahrd to break the habit (since the last 6-7 years or so, except this year, I have been getting ridiculous type of return. getting spoiled I guess)

Thanks Len for your perspective. Let's see if I can start selling some shares (both winners and losers that I think deserve to be sold at this moment)

Stan

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