tag:blogger.com,1999:blog-28360876.post3601900988944231580..comments2023-10-26T11:34:14.369-04:00Comments on MFI Diary: Where Were You Five Years Ago?Marsh_Gerdahttp://www.blogger.com/profile/01375422931807610092noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-28360876.post-59610392744096852042014-03-12T18:42:01.877-04:002014-03-12T18:42:01.877-04:00Thanks Marshall,
I know you don't have all th...Thanks Marshall,<br /><br />I know you don't have all the answers, but of people out there I think your investment style is similiar to what I want to do. <br /><br />Anonymoushttps://www.blogger.com/profile/00261643271507093251noreply@blogger.comtag:blogger.com,1999:blog-28360876.post-65567042418667571212014-03-12T16:01:34.250-04:002014-03-12T16:01:34.250-04:00In no way do I have the "answers". Every...In no way do I have the "answers". Everyone needs to find their own approach. <br /><br />I do often make a list of stocks as a watch list with specific target prices. That helps me remember to buy them. Sometimes I even place a buy order in 10% under the current price. In event of a correction (say 10% drop) I would definitely put together a buy list and share on my blog. <br /><br />I would suggest caution in buying in right now, but sounds like you are thinking that way. I rarely use ETFs, I enjoy picking stocks. I would only use an eft to access something that was difficult to access via stocks. And I am anti these leveraged etfs that are used a lot on ETS. Marsh_Gerdahttps://www.blogger.com/profile/01375422931807610092noreply@blogger.comtag:blogger.com,1999:blog-28360876.post-3532824011122580192014-03-12T14:45:15.897-04:002014-03-12T14:45:15.897-04:00Hi Marshall,
I sorry if I am asking to many quest...Hi Marshall,<br /><br />I sorry if I am asking to many questions lately of you but I really like the way you invest. No knock against Ed but sometimes he falls in and out of love with a stock in a week. I am more comfortable investing in the longer term and your style seems more suited to my comfort level. <br /><br />This post really got me thinking because I look back over the last 3 years and I have lagged the market. Two reasons are I got heavily into cash thinking the market would correct, that has hurt returns and also I like value/turnaround stocks and got hit badly with a couple blowing up like CEDC(Jubak pick at one time).<br /><br />I am still in a lot of cash as I see high margin debt and individual investors piling into the market now. I also figure that I have been hurt by being in cash and at this point I rather take my chances on a market correction and picking up good companies on the cheap so that I can try to make up for the last few years.<br /><br />So to my question:) I have MET on my watchlist and I know you have some other insurance along with IBM and CSCO. Do you keep a watchlist of companies to pick up if the market has a big correction? I look for companies that overall can give me between a 10-15% annual return. I try to juice portfolio returns on smaller bets like DLIA or TC. Core companies I currently own are BAM, PM, and EMC. Also do you ever use ETF's to bet on a sector?<br /><br />Again sorry for the long email but I am trying to become a better investor. I have the time at the moment since I am laidoff after my position was eliminated.<br />ThanksAnonymoushttps://www.blogger.com/profile/00261643271507093251noreply@blogger.com