BUSINESSWEEK ONLINE : JULY 24, 2000 ISSUE
BUSINESSWEEK INVESTOR Spirer's Investment Strategy ASSET ALLOCATION $2 million in municipal bonds, 2 million in equities FAVORITE STOCK Microsoft TACTICS Invests quarterly, places no more than 3% of her portfolio into a single stock, and sells when a position in a stock has lost $5,000 to $7,000 RESULT Three-year annualized return of 25%; year-to-date, 5% _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS Grandma Said Buy What You Know TABLE: Spirer's Investment Strategy INTERACT E-Mail to Business Week Online

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