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Author: RetiredVermonter Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75839  
Subject: Re: Investing style Date: 10/4/2003 1:38 PM
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Hi Curt:

Again, let me first say that I am NOT an expert, am NOT a pro, and I do okay but am NOT rich, so you see that I'm maybe no one to listen to!

"Very obviously going to do well" stocks? <s> I confess that WAS kind of a mouthful. I guess I meant some of the more "known" and established stocks that seem to just keep going, even if not "spectacularly".

Some that quickly come to mind in technology (my favorite fishing hole right now), for example, would be Dell and Intel, "biggies" in their arena. INTC was beaten down pretty badly a couple of years back, after I ("Mr. Oh-how-wise") bought some, when it was over $40!!! It plummeted (with most other tech stocks), so I stuck that in the safe deposit box and hoped to one day see it come back; now INTC seems to be chugging onward again, as I expected it would.

DELL was down, too, but seems to be coming back, and is, again, I think, the biggest in their arena.

I did not mean that there are any "definitely, for sure, never will go down again" stocks! <s>

For whatever it is worth, I try to have a mix of some mutual funds (some bond funds and equities, both domestic and foreign), plus some stocks I pick myself, ranging from a couple like these to a few "This looks promising; let's buy a few shares and see what happens" types. However, I NEVER stick a lot into any of those "iffy" ones, and even then I tend to research them first. Some do well, and I sell for a profit, and some turn out to be disasters and I lose.

Where to look?

Well, right here you can get some info, of course, and MF seems to me to be pretty solid and conservative. For some possible up and comers, though, I look at Yahoo's "In Play" for what looks hot on any given day; maybe E-Trade picks; my own Fidelity's comments; etc. Before really putting much into one, though, I go and try to dig into their financials, see if insiders are buying or selling, any hot news that looks to me as if it will spark a good pop, etc.

There are a lot of things I look at, and even my "gut", at times! I guess I can only suggest you stick your toe in carefully, don't get crazy, and maybe learn by doing -- with a few bucks you can afford to honestly lose!

Finally, my ideal situation is to see a stock that I have move up enough so I can put in a "stop limit" well below that current price, enough so that (dream of dreams!) I can arrange to sell HALF, at that worse-case stop limit, and recoup ALL that I put in when I bought ALL the shares! That would mean that, at worst, I'd get all my money back AND still have half of the shares as "gravy" no matter what!

No, that doesn't happen much, but it has happened, and, in fact, I have one stock right now in that situation. I hope it keeps growing.

Did I help or hurt? ;#)

Retired Vermonter
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