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Subject:  Re: In persuit of wisdom Date:  11/13/2000  11:51 AM
Author:  GiggleBytes Number:  5550 of 20640

Back in 1995, when my wife needed a larger car (our 2nd was just born), I sold some EMC stock at the profitable price of $24.75/sh. I sold 800 shares, and was able to buy a new Ford Windstar.

Now, 5+ years later, those same 800 shares are worth (gulp!) over $270,000 !! Had I just tightened my belt, taken out a loan for the car, it would also be paid off by now, but I would be ahead over $240,000 in my portfolio.

Lesson: NEVER TRADE AN APPRECIATING ASSET (GOOD STOCK) FOR A DEPRECIATING LIABILITY (CAR). Always consider using credit "Foolishly" as an option.

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