I know what I forgot to add...
Does anyone have any advice as to what I should do now that I'm still holding CSCO and MSFT in my portfolio? I purchased them back in March 2000 (yes, that was the bubble), and they crashed hard.
MSFT is about at break even because of 2 or 3 splits, but CSCO is down about 47% or more. I haven't looked in a while because it hurts.
I also bought GEOI a few months ago based on a mention by Jim Cramer. Of course, I bought around $15 and now it's at $6.55. DUMB, DUMB, DUMB!!!!
Other than those stocks, I also hold several different mutual funds and the bulk of my money is in an S&P 500 index fund, with the remainder in either SWEGX or TWCIX. Actually the TWCIX was part of a college fund we started for each of our kids many years ago. It did really well for a long time, then started to tank in May of this year. I wasn't watching it close enough or I would have moved everything to cash and possibly invested in something else.
Maybe I could just evaluate everything I have now against the rules I'll learn in Rule #1 and then get rid of the stuff that doesn't measure up. Hmm...
I guess my biggest issue is keeping up on my current investments and moving things around when appropriate.
How do others deal with this challenge? Is there a particular software program or online service you use to keep track of your investments?
Gemini4X
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