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View Poll Results: How much are your paper losses?
$0 - $50,000 35 13.16%
$50,0000 - $100,000 26 9.77%
$100,000 - $250,000 66 24.81%
$250,000 - $500,000 68 25.56%
$500,00 - $1,000,000 36 13.53%
Over $1,000,000 23 8.65%
I made money 12 4.51%
Voters: 266. You may not vote on this poll

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Old 10-31-2008, 04:48 AM   #101
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Old 10-31-2008, 09:32 AM   #102
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Quote:
Originally Posted by NW-Bound View Post
But if you give it all to Buffet, then what fun with the market do you have?
Join an angel investor's club...
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Old 10-31-2008, 10:04 AM   #103
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Quote:
Originally Posted by Nords View Post
Join an angel investor's club...
Ugh! That's work! And money-losing one at that!

Being one of the core technical starters of a business venture, I have helped our investors burned their money, and burned several years of my youth, forfeited cushy megacorp salary and 401k and pension, and benefits, and ... [Rant Off].

Having dropping out for quite a few years now, I am no longer privy to their balance sheet, but the loss was in the tens of million when I quit. Business was still limping along as of last year, and was trading as penny stock last time I look.

No, here's my plan. I have always kept 1/2 of my equities in MFs, and half for myself to go play the roulette table at Scottrade. I will just give Buffet the MF money, and continue with my portion, and see if I can beat him. I am not as smart, but can I make use of the agility of a small investor (that's the theory anyway!)?
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