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Strategies & Market Trends : Waiting for the big Kahuna

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To: J.T. who wrote (1344)6/25/1997 10:26:00 AM
From: D & G   of 94695
 
JT, I ran the numbers and even if the market goes into a 3 yrs decline of 20% anually, you would still be better off putting $$$ in your 401K on a monthly basis. Even if the market takes a 50% one year, you are STILL better off donating on a monthly basis using cost $$ averaging. I was blinded by the BIG KAHUNA (big joke). Market goes down...SO WHAT !!!!! If on the other hand, the market crashes to dow 1000, it again doesn't matter because fixed incaome assets would be trash, and there would be caos. Gold would be the only place to be. Like I said, close your eyes and buy the dips. BTW this will be my last POST until I get a new service provider...mine stinks
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