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Re: aim hier post# 33172

Tuesday, 11/30/2010 8:27:07 PM

Tuesday, November 30, 2010 8:27:07 PM

Post# of 47366
AimHier

In 2008 all I had was some mutual funds and ETF's. I learned a long time ago (1998-2001) that I am a losy stock picker.

You said: "I'm not a fan of stop losses" I can understand that but being retired I must draw the line somewhere. That is what I did back in 2008 my portfolio reached a critical level beyond which my retirement was in jeopardy.

"I'd prefer to use fundamentals " What I have learned is you can't trust the numbers reported either by companies or the government. The only thing I believe is the price action. Which is another reason to avoid individual stocks.

"Finally, I like dividend paying stocks" I agree but I would like to stay away from stocks and concentrate on ETF's.

Thanks for you thoughts
Larry G
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