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Subject:  Re: Funds or stocks for the long term? Date:  10/6/1998  7:00 PM
Author:  foolishlypoor Number:  5886 of 107596

Hi LaurenDi,
I did not see your original post, but I caught the response from oldred and thought I would add my two cents too.
I am an extreme novice. I am in the process of paying off the rest of my credit cards and getting out of debt. I have two left from eleven. Once that is done I plane on subscribing to the LBYM board and saving for foolish investing.
As you can tell I am a believer in most of the philosphies discussed here. I did not start out this way. I started out thinking a good diversified mutual fund portfolio would easily get me to the millions when I retire (I am 25 and have 40 years until 65)!! I am now licensed to sell mutual funds and began learning all I can. One day, I saw a book store going out of business and decided to stop in. I picked up a book entitled, "The Unemotional Investor" by Robert Sheard. His book mesmorized me. I immediately logged on to this site and here I am. I strongly suggest you read as many books on the subject as you can. Not only foolish books, but books of varying investment philosphies and you will be able to make your own decisions.
The one definite thing I have learned here is that even with all of this information at your fingertips you must still do your homework. Investing can be unemotional but not necessarily so easy as to be called free money.
I have a lot to learn, but I am young, eager and determined to be the best fool I can based on my knowledge, experience and risk tolerance.
I wish you and all the rest of the fools here nothing but peace love and happiness especially with their portfolios.
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