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No. of Recommendations: 17
I hope you will end up saying, "It doesn't matter what this guy thinks, I am going to be a great investor and defy the odds. ...

Conventional wisdom in the investing world holds that the young should invest in "growth stocks" because the occasional ten bagger will outweigh the startups that went bankrupt.

Conventional wisdom also holds that us old geezers should buy bonds, CDs and such "safe" investments because we have less time to make up for mistakes made buying growth stocks. The greater the geezerness the heaver the recommended bond weighting.

That conventional wisdom predates the BMW Method.

Now there is a reasonably safe way for us old geezers to own something besides bonds. MMM & JNJ are both dividend paying 'old growth' stocks that the BMW Method indicated were good buys a while back. (Maybe still are, depending on who's looking at the BMW chart.)

Now, thanks to BMW we old geezers can invest in 'safe' stocks at a time when they have a good chance of appreciating into a "bagger" or two. If the stock rockets up in a year or two we win. If it just lumbers along we still have a dividend paying 'safe' stock.

Now, thanks to BMW, those of us who got a late start investing have a fair to middlin' chance to catch up to them thar young whipper snappers and maybe even pass'em up!

Thanks, Jim!
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