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Re: wadegarret post# 14365

Tuesday, 06/21/2005 2:31:38 AM

Tuesday, June 21, 2005 2:31:38 AM

Post# of 173812
Wade: Good story.

It is a lesson that everyone should learn BEFORE they HAVE to learn it the hard way. SSK is expressed it well also. Obviously, the younger a person is the more risk they can afford to take, but there is risk and then there is risk. I would consider reasonable risk for a 20 year old to be higher beta, micro cap stocks versus DOW stocks, but diversification should never be compromised IMO.

Len

Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.



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