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Author: TicTocMan Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308482  
Subject: Talk me down, Please Date: 9/1/1998 10:29 AM
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I am looking at all the stocks I plan to buy when I am out of debt and they are all down $20-30 each, it is so tempting to buy them now.

This may sound harsh but I hope this 'correction' lasts until December so I can buy in (I guess I won't really use my CreditCards to buy stocks, but is so tempting!).

I am actually CC debt free because I was able to take out a bank loan - I have paid that debt down by half in the last 6 months by sinking all my 'spare' money into payments (I also write a note with each payment that says all money in excess of the payment must go to principle - does that work?)

While I was ranting, it occurred to me that I could sell the stock I used as colateral for the bank loan, pay off the loan and use the excess funds to buy some Cash King stocks in an IRA. Does that sound reasonable? I am not looking for answers just some 3rd party input.

Thanks for letting me go on and on.
TTMan


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