Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I will add to Bears statement that most of the gains in equities that I am left with are those that were built up in 2003-2004 time frame. It takes 5-8 years for a reasonably well diversified portfolio to reach stability and start growing decisively.

The stocks like STL that have fallen 75% are undervalued by far more than 3x. So the original prices is still an undervalued one. This company has cash close to its market cap. In a normal economy this number is 5% or less. It is selling for peanuts indeed. Similar if not the same is the case for many others. Certain companies are damaged goods and they have been sold. There are a few others in danger like AIB but the story is not over yet.

Even if you leave the service, you may want to hang on to some of these stocks as most of them are quite good.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.