Zeev's Turnips Patch-No Politics (ZEEV)

[DlphcOracl]

A Message For the Realist

You have NO business trading the market!! You have already lost 2/3 of your capital in this bear market and you are well on your way to losing the rest. If you remember nothing else, remember this: "There are few things worse in life than being old and poor".

Having said that, permit me to give you a piece of unsolicited but heartfelt advice. I firmly believe that the secular trend over most of this decade is that we are in a bear market. In trying to trade in and out of it, you will slowly bleed your remaining wealth.

GIVE IT UP!!!!

My recommendation would be as follows: put 50% of your remaining capital in a CONSERVATIVE bond fund which emphasizes US Treasuries. Then put the remainder in TIPS. Zeev is absolutely dead right in his recommendation. After this, forget about the market, forget about trying to make back the money you've lost in the past 2 years (neither you nor anyone else is going to be able to do it), and enjoy the remainder of your life.

Regards,
DlphcOracl