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Re: GeorgeTheStub post# 8723

Friday, 10/16/2009 9:25:05 PM

Friday, October 16, 2009 9:25:05 PM

Post# of 42706
George, I agree the whiners should not be holding a position. This is not an emotional exercise. When you invest in any stock you see red, sometimes for weeks or ev en months. If things were green all of the time, we all would be rich. I was down 40% in my main 401k portfolio last year (due to the market crash). I gained 22% of it back so far this year. I gained 30% prior to the crash. Still down a little, but coming back nicely. Lots of patience is required.

"When you fail, you can grow exponentially. When you succeed you
tend to grow incrementally."


Getting rid of the ball and chain, stock by stock.

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