Investing 102

[GregWeld]

Trey ---


If you own 10 stocks -- 5 can be doing well -- 2 are doing fantastic -- 2 are break even -- and ONE can ruin your performance!


About the time you sell the loser.... it takes off straight for the moon and runs 10 points. Then something else sucks -- and something else goes even. It's just that way. We can never have 10 out of 10 going gangbusters.

I hope that at the end of the year period - you're up 11% or so in capital -- and have gotten a pretty good 4 or 5% cash return in dividends.


That doesn't seem like much -- but the 10 year treasury is still at 1.66% !