tag:blogger.com,1999:blog-7366878066073177705.post272618746036429086..comments2009-12-24T01:25:18.165Ztimarrhttp://www.blogger.com/profile/06254802085744425067psyfitec@googlemail.comBlogger3125tag:blogger.com,1999:blog-7366878066073177705.post-2588973545310308282009-12-24T01:25:18.165Z2009-12-24T01:25:18.165ZRational ought to be an optionLarry Therrienhttp://www.blogger.com/profile/12777383920145027238noreply@blogger.comtag:blogger.com,1999:blog-7366878066073177705.post-30961907857243546462009-12-14T16:14:59.522Z2009-12-14T16:14:59.522ZI mountain bike, and see lots of snakes and snake-like roots. The amazing thing is how seeing a real snake turns on the snake-detector. Then every root is a snake for a day or two.<br /><br />On this relative to risks, I always thought it was funny that I&#39;d ride alone in mountain lion territory, while maintaining a bond and CD heavy portfolio. I&#39;d rather be eaten than poor?john personnahttp://www.blogger.com/profile/16449440713042469202noreply@blogger.comtag:blogger.com,1999:blog-7366878066073177705.post-27356958550554721322009-12-14T13:00:48.453Z2009-12-14T13:00:48.453ZI believe that the key is having confidence in your decisions. The market does a lot to shake you up. If you have inner confidence, you can weather the storm, If not, you cannot.<br /><br />I don&#39;t believe that it is possible for an investor following a Buy-and-Hold strategy to develop inner confidence (many Buy-and-Holders evidence bravado, but that is not at all the same thing). The problem is the core assumption of Buy-and-Hold that price does not matter (if price mattered, you obviously would go with different stock allocations at different prices). We all buy thousands of products and services and learn from those purchases that price always matters. So this &quot;idea&quot; that when buying stocks price does not matter just doesn&#39;t stick.<br /><br />RobRob Bennetthttp://arichlife.passionsaving.comnoreply@blogger.com