At this point our modest nest egg is all locally invested where I get the beat of the street for people that work there and do business with them regularly. 2/3 is in Savings and loan and credit union, 1/3 in 2 stocks, both are international with headquarters and plants within an hour's drive. Last times I took broker and financial advisor's advice, I lost money! I buy only what I can see and watch locally, and don't pay a whole lot of attention to the balance sheet or other doc. Listen to Marci Kaptur, she's our rep. http://salon.glenrose.net/default.asp?view=plink&id=8621 Martin wrote: > Nate Duehr wrote: > > >> Buy low, sell high. You have to take some money off the table when >> things are going up. If an investment goes up 50% you MUST take your >> money out that you invested and play on the "house's" money... just like >> gambling at that point, because what goes up, must come down. >> >> > > I don't know, the S&P 500 is a pretty good bet: > > > It comes down a little but it always goes back up. If it goes down you > should hold it unless you invested money that you need... which of > course as you state is a terrible idea. > > Guessing the bottom of this trough would be a really good move but right > now looks like a good time to buy if you're going to be holding for a > couple years. > > - > Martin > -- http://www.piclist.com PIC/SX FAQ & list archive View/change your membership options at http://mailman.mit.edu/mailman/listinfo/piclist