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Originally Posted by slapass
HHH seems real attractive right here. it is a basket of interent sites. Amzn, ebay yhoo etc. And these are not being loved by the market right now so seems like a good time to buy.
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Generally not a bad idea to buy when people are bashing a sector, my advice is ... Throw in 20% of what you want to hold into the HHH position eventually... wait a few months.. If it drops 5 or 10%.. invest another 20% and thus lower your entry cost.
And... don't throw 100% of your funds into one sector, let alone one stock. Diversify ... across sectors, countries, currencies. You might make less because some ideas will underperform others. But you won't be wiped out either from picking the next Worldcom or Enron.