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Desi,
First rule is you never get back a loss. You have to let it go
and move forward. A loss is the past
So the way to look at this problem is zero basis. In other words, if
you were starting all over with the money currently available, what is the best
strategy and the best investments to make given one's risk tolerance. If this
leads you to the conclusion that some of your current investments are not
right, you should get rid of them and add what it will take to be successful.
Regards,
Norman
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Dimpil
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, January 09, 2003 7:54
PM
Subject: [RT] Investing
Okay, I have a basic investing question. My EX hubby took a huge
hit in his 401k and wants to recoup his lose over the next year or so.
The basic rule I know is if interest rates are down then bonds and if rates
are up get out of bonds because they go down. What else? Anyone
good investment advice out there? I can give a list of the funds he has
to choose from it that helps but I'm just looking for some basic guidelines to
help him out as he's not as savvy as me and I'm not as savvy as I should be as
I'm just starting to get back into this and I'm learning. So any other
basic rules, guidelines or truths?
Thanks!
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