Re: Dull day / Dischino
in response to
by
posted on
Oct 09, 2008 08:48AM
There is so much emotion and irrational bailing out of the market of late it's impossible to find something to get excited about.
I read an article a week or so ago that there's a run on buying safes! People storing cash at home...give me a break...OK, might be a good idea for some people.
My CFP at Fidelity and I met this week to review everything. He agreed with my feelings to stay put with the 4 & 5 star M-funds I was in, plus the ETF's and a few individual stocks. Then he said, "what the heck are you doing with this EDIG position at 10 cents? I've told you for years not to take a stake in an OTCBB stock, nor any other company be they listed on an exchange under $5. You are making a big mistake."
I explained who they were etc, to include the infringement stuff, then he said, "maybe I need to look into this little company." So I told him, "what, and go against your advice to me?" I can't wait until our next meeting to ask him if he got in...LOL!!!