Subject: Re: Dow hits record high
^^If I can make it, anybody can.^^

Great story mechinv. Thanks for sharing. Do you think you got lucky in July 2000 to sell out 2/3 of your portfolio right near the market high (to buy the house), or were you wanting to sell out anyway with a view on the tech valuations being high at that time?

I definitely did not sell out in 2000 and rode the tech stocks down right to the bottom. I even moved into more defensive stocks after, so missed out on much of the slow recovery in the early 2000s.

Your move in July 2000 to hugely reduce equity exposure right near the tip would have been a gigantic boost to your future situation and gains from that point on, following on from all the gains you got through the late 90s. Well done with that working out spectacularly well.