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Re: SilkRoad post# 48530

Monday, 10/08/2012 10:32:59 AM

Monday, October 08, 2012 10:32:59 AM

Post# of 278195
Silk,

You have to understand that retiring takes effort, hard work, patience, and personal responsibility. I always paid myself first, and I socked away as much as I could afford. I never spent money on a new car.

KBLB should be part of your future retirement package, but as a smaller percentage. The bulk or your assests should be in mutual funds or blue chip stocks. Plan on holding them for as long as you can. Buy quality, be patient, and hold.

KBLB is run by a responsible man, one I consider to be the best person we could ask for to run our company. He has his critics on this board, but after forty years of investing, I know what we have in Kim Thompson. I know quality when I see it.

Never put more than you can afford to lose in any one stock, especially a penny stock. While KBLB has the potential, one never knows. I just happen to feel good about the possible future the comapany has.

Never depend upon one investment for retirement. This is a road to disaster. Sock away money every month into a great mutual fund like the Vanguard Wellington Fund. Put money there every month until you are ready to retire. You will be very happy.

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