[lumberjim]

I had 75% of my $$ in high tech, high risk stocks when the shit fellout in '01. I lost half of the $$ I had in there. A few guys i work with had the same thing happen. They pulled their $$ out and moved it into bonds, which were the only safe bet at that point. I was going to, but in talking to a customer that does that stuff for a living, he said: you're young. You're in it for the long term. leave your money right where it is. All of the stock that you are buying today is "on sale" while you may lose dollars, the units you buy don't dissapear unless the fund bankrupts, which just doesnt happen. So, i left it alone. I am now back above where i was before it fell apart, and i have much more stock(units) if and when the high tech stuff starts moving well again, my increases will be proportionately larger. I keep 25% in a small business growth fund that is considered medium risk. as i get older, and have more riding on it, i will lower my risk levels.

but, then again, i know about ()that much more than you do,OC. relative to what the pros know, anyway.