Thread: Investing 102
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Old 02-29-2012, 11:04 AM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by Sieg View Post
(Pssst, he's the guy that sold Apple for $410 a few months back)




Of course I'm the guy (idiot) that sold 100 shares of Nike at $10 after I'd doubled my money back in 1978.


Do as I say - not as I do!




Remember I have been brutally honest about how I've used Apple --- "to park cash".... ditto HYG and NLY and similar. I'm a whore when it comes to those names. I'm also 'moving' a million or two into and out of these names - so the "risk reward" scenario is QUITE DIFFERENT for me than for someone that is trying to INVEST their 401 or ROTH retirement funds.

This is why I re-read my post about Apple (AAPL) and thought --- OH NO! I just mentioned some risky stuff and people will pile into them and not understand the differences --- and the lessons!

I hate to use specific names -- but it's the only way I can come up with to get some points across.
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