Forum Archive Index - May 2002

[Jefley Aitken <jefley@xtra.co.nz>]

Below my bottom-drawer of 'verging on reluctant investments', I have a 
kennel for the dogs.  House rule is no more than three dogs at a time.  But 
I am aware that this is a very poor (make that extremely poor) investment 
strategy -- sick dogs should be put down.

I'm getting (marginally) better at redeeming bad decisions before they 
become too expensive or hang around for so long that they start to smell, 
but sometimes the loss seems too great to deal with -- mainly because I 
watched the slide like a rabbit paralysed by oncoming headlights.

Are you sure that SPE is worth keeping?  Isn't there anything else that 
strikes you as a better investment?  Hanging on to a mistake for a month 
seems reasonable, but tying up the money for years is bad practice.  -- I 
probably qualify as an expert in bad practice so please don't be offended 
if this sounds pompous ...

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