Replies to post #182 on 3M Company (MMM)

[bar1080]

Yes, ENTA, which I've never heard of, did great. I'm guessing you didn't have everything in it. BTW, I see that ENTA is NasdaqGS. I don't touch that Dark Alley of the market.

Note that a dart board fund should beat the S&P 500 in recent years. That index is cap weighted which lagged an S&P500 when equally weighted.

So stock selection and market timing is generally baloney even for a very experienced investor like me.

Heaven help the IHUB newbie. But HOLDING some bucks in a 3M is a good place to start.

[bar1080]

Correction: "BTW, I see that ENTA is NasdaqGS. I don't touch that Dark Alley of the market."

I had the GS confused with NASDAQ's lowest tier, the NASDAQ Capital Market, the old NASDAQ SmallCap Market, home of many of the dot com blow ups from years ago.