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Politics : Formerly About Applied Materials

AMAT 260.77

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9:30 AM EST

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To: Gottfried who wrote (48612)	7/1/2001 9:40:35 PM
From: Jerome	Read Replies (1) of 70976

*Dumb Maththat most people believe*And Fund Managers Boast About ** A recent article in Fortune Magazine entitled... Reap the Dividends.... had this to say. A hundred dollars invested in the S&P 500 in 1926 would be worth $247,000 today. Now this math is just plain stupid, because if You were at least 27 when you made the investment you would be over 100 years old if you survived. The $247,000 would get you into a better nursing home but could you remember how to retrieve your investment? All you long term buy and hold types listen up, because your strategy has got a time trap built in. Regards, Jerome

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