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URL:  http://boards.fool.com/why-do-you-think-people-dont-have-the-20522503.aspx

Subject:  Re: Questions for a story Date:  3/22/2004  11:47 AM
Author:  telegraph Number:  39938 of 78167

Why do you think people don't have the "confidence" to invest in stocks? And how much knowledge and experience does it take?

First, in order to have some diversification,so you don't get wiped out by an ENRON, WCOM, or Nortel and lots of other similar companies, you need to own at least 20 different stocks in roughly equal dollar amounts.

You need to track each one carefully, and have a SELL discipline which most folks don't have.

Most folks try to 'buy low' and sell high, but when