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Re: ls7550 post# 33696

Wednesday, 02/02/2011 5:52:30 AM

Wednesday, February 02, 2011 5:52:30 AM

Post# of 48317
Thanks Clive.

I only started 3 new programs last year and they were GNK in April with both COCO and GILD in May. I will admit though that at the end of April, GIEW had record high cash both in % and $. So I guess I felt OK deploying some of that cash. But the $ on hand weren't the motivation, but rather the means.

Of course then the market went into the summer doldrums. I think the 26 AIM Buys in June-August were what drove cash so low. The stock portion's value dropped pretty severely as well, so I think that explains the two month's of 10% cash.

A typical Coffee House is a form of diverse 60% stock, 40% bond blend.
I should have known that. Scott Burns, a local financial writer for years has described a 'Couch Potato' portfolio. Similar I think.

Thanks, have a nice day.

Best Regards, Steve (The Grabber)

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