07-24-2012, 10:51 AM
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#91
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Member
Join Date: Apr 2000
Location: Jacksonville, FL
Posts: 9,228
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Re: Anyone want to talk stocks and retirement?
Quote:
Originally Posted by mdccclxix
True, I know that diversification is recommended, but at the same time it can weigh you down, right? This goes up, that goes down. But picking a stock that has a solid reputation and a solid future in terms of where the world is going, that is also on a down beat, could pay off if you're patient. That said, a) I'm young and not risk averse b) I set up a fake portfolio at google finance in 2009 when everything was down and went 9 for 10 in picking winners, so that's not likely to be as easy as it was then.
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May we ask what stock this is?
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