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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: marc ultra who wrote (7971)8/22/1999 1:29:00 PM
From: mister topes  Read Replies (1) of 15132
 
Ah yes, what a rude awakening awaits all those who are
"saving for their early retirement" by piling money into
the stock market at nosebleed multiples and "no fear"
approaches to risk.
Funny how nobody wanted to own stocks in 1974 when
the multiples were single digit and the risks were
tiny. But now that multiples have quadrupled and
risks of ownership have soared and potential returns
have dwindled everybody everywhere wants a piece of the
action. But think of the opportunity this creates for
the savvy investor!
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