SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials
AMAT 328.51+1.9%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tito L. Nisperos Jr. who wrote (4631)5/18/1997 1:31:00 PM
From: Gottfried   of 70976
 
Tito, >>if there are frequent small quakes say in the Bay Area, the pressure is being relieved to avoid the bigger quake...<<

Good analogy. My house in Sunnyvale, CA, is constructed better than most - so I don't buy high priced earthquake insurance that won't cover much anyway. In stocks I'm almost fully invested, i.e. no insurance. I hope I won't need the money for at least 5, possibly ten years. Historal data (SP500) shows that between 1926 and 1995 the return for all possible 10 year periods was between -.9 and 20.1%.
I think that's pessimistic, because it includes the 1929 crash and
we have learned to control a few things since then.

Thank you for taking the time to share your thoughts!

GM
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext