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Retirement Discussions / Retired Fools
|Subject: Re: AARP Health insurance||Date: 5/31/2007 12:47 PM|
|Author: NoEmotions||Number: 11354 of 20174|
have Delta Dental, but I also have a barter deal with my dentist. He provides discounted dental services, I provide discounted investment recommendations. I retired as a Venture Capital Portfolio Manager in October 1995 when I was 51.
Dear Kahuna, CFA,
Though I don't know you personally, I do admire your investing prowess and the fact that in a previous email you stated that you had averaged 24% returns for a number of years. I would say that is "pretty good". :)
I am wondering about your investing strategy. LTB&H works well, but having read "Rule#1 Investor", there is also that concept that states "sell when the technicals signal SELL (and when the price begins to drop), and buy when the techicals say BUY), or when there is potential future value in a company. This is more like trading I would say.
This current run up of the bulls is wonderful and bodes well for us all, but I am concerned about holding on too long. Right now there are no real issues in my portfolio, but I can sense that in time there will be.
What are your thoughts if you don't mind me askin', regarding LTB&H and the philosophy that states sell when the technicals say sell and buy when the technicals say buy.
Right now, I suscribe to both philosophies. For this year, my NYSE stocks are running a 13% growth which is not too above the averages, and my NASDAQ stocks are running almost 20% growth and the NASDAQ has a roughly 5% growth.
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