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Letter to the editor

Money Panel

Howard F. Harris Jr, 72, retired,  Tampa

By Fred W. Wright, Times correspondent
Published June 3, 2007

How did you get started in investing?

The first time I ever invested, I was working for Honeywell. I bought a stock in a public company and lost my shirt.

What is your best investment?

Real estate - residential.

What is your worst investment?

That stock I bought on a tip concerning a merger with Honeywell.

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

Ignore the talking heads on TV.

How would you describe your approach to investing?

I am an aggressive investor.

What do you find the most difficult about investing?

I'm single. I don't have to answer to anyone. It's not difficult for me to invest.

How are you invested?

Thirteen percent in fixed income and the rest in mutual funds.

What is your goal for your investing?

My goal is to make the second million.

What is your biggest money concern?

The bigger picture is that I fear that America is returning to the early 1900s where there were sweatshops, children working, there were no unions. The rich are getting very rich; the middle class are struggling.

Where do you get your investment tips?

I read four newspapers a day. I scan BusinessWeek.

[Last modified June 1, 2007, 18:58:18]