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Investing/Strategies / Small Cap Investing
|Subject: Re: Development Stage Company Valuation||Date: 4/20/2006 8:22 PM|
|Author: kahunacfa||Number: 49 of 66|
... The bottom line is: for each and every year, there is something you don't have in your retirement folio that you should have some of, that is also down/out of favor for that year. Often, with some research, you can find the best of breed ETF or index fund that covers that area...and buy into it that year for a whole lot less risk than buying any individual stock would give you. And there will even be more choices available next year; and the next, etc. And I've usually found that the ETF/Index Fund with the lowest fees, is often the 'highest quality' one, as well!
I'm just counselling that with so many investment vehicles available...it is important to not treat your retirement nest egg like your regular portfolio. In fact, one might argue they should be judged by almost exactly opposite criteria. Don't build the same level of risk into your retirement portfolio that you accept with your 'regular' or trading portfolio. - jimpiccard | Date: 4/18/06 9:39 AM | Number: 48
Almost all of my investments are held in my IRA. I am 61, retired from the investment management profession for just over a decade, not currently taking any distributions from my IRA. I own Taser in my IRA. I own OraSure Technology in my IRA, etc.
Lately, I have been buying Sycamore Networks(SCMR) at $3.35 or less, Northfield Laboratories(NFLD) at $10 or less, Pfizer(PFE) at $22 or less, Taser (TASR) at $7 or less, Starbucks (SBUX) at $23.50 or less, A.T. Cross (ATX) at $4 or less, Pain Therapeutics (PTIE) at $9 or less, etc.
I don't have a trading portfolio. I evaluate investments over a three to five year investment horizon. However, there are many stocks that I have held for several decades. Probably the longest three are Maui Land & Pineapple (MLP) since March 1972, Con Agra (CAG) since October 1977, and Advanced MicroDevices (AMD) since October 1977, and Nanometrics (NANO) since April 1980.
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