India Coffee House Message Board

STOCKTALK

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.

Strategies & Market Trends : India Coffee House

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sultan who wrote (7743)	10/4/1999 10:22:00 PM
From: sea_biscuit	Read Replies (4) of 12475

I think anybody who buys the theories of doomsayers like Batra (who, after his "Great Depression of 1990", has now written a new book titled "Crash of the Millennium", or something sensational like that) and acts according to their "advice" (sell all stocks, and buy gold or heating oil futures or Sri Lankan pepper...) will have a serious financial crisis later on in their lives and will end up asking, "And do you want fries with that?" when they are in their late 70s<g> And that's not a very pleasant thing, for sure! Chasing frothy stocks like INFY is a whole lot different from investing in blue chips. If you had bought a share of Philip Morris for a (split-adjusted) price of $0.50 a share in 1977, you will now be getting FOUR TIMES THAT AMOUNT EVERY YEAR -- as dividends! There's the power of long-term investing for you. My advice to anybody who asks me is -- just ignore the shrill rants of all these doomsayers and tricksters, devise a plan and cultivate the discipline to stick to it, and you'll do just fine.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next