tampabay.com

Money panel

JOHN LAUBER: 50, semiretired, Largo

By Times Staff Writer
Published May 15, 2005


How did you get started in investing?

Back when I was with corporate, I started in my 401(k).

What is your best investment so far?

An individual stock, M&I, a bank in the Midwest. Excellent.

What is your worst investment so far?

Another individual stock, H-Quotient, a health company.

What have you learned about investing that you think all investors should know?

You need to do a lot of research over the Internet.

How would you describe your approach to investing?

Very conservative. I really watch the companies. I watch their cash flow, their investments. If it looks like they're going to take any kind of risk, I just don't invest.

What do you find the most difficult about investing?

I have to say probably trying to keep an eye on them constantly. You try to read something every day. I try to get on their Webcasts.

How are you invested now?

One-third is individual stocks, one-third is cash and one-third is real estate, residential.

Do you think now is a good time to invest?

Any time is a good time to invest, as long as you're looking at the companies and checking their numbers. I think the stock market has nothing to do but go up; real estate has nothing to do but go up.

What is your goal for your investments?

Just to retire comfortably. So far, so good.

What is your biggest money concern right now?

Only thing I really worry about is health costs later on.

Where do you get your investments tips?

I go to AOL, Morningstar.com. I read Inc. online, Wall Street Journal online. I'm on the Internet at least an hour a day.