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January 11, 2008

Win Win - Now I can sleep...

I can sleep now. My new adviser offered me a compromise that I can live with. We keep my companies stock for now and in 9 months, we slowly begin to implement the plan he originally suggested. The issue is not so much that the stock is not a good stock, but that my portfolio is out of balance. My problem was that now is not the time to sell. My original logic was to ride out the storm, so bailing out when we are at the bottom was not something that I could live with. We agreed to wait. In 9 months, we will reevaluate and move forward with the diversification he recommends. The monkey is off my back and the banana was quite tasty.

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