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.
Strategies & Market Trends : Stock Attack II - A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chris who wrote (16255)8/21/2001 10:06:05 PM
From: John Madarasz  Read Replies (1) of 52237
 
It is sad, terribly so.

What's even worse to me is to see those very same retirees who've worked so hard, get brainwashed and badgered their entire lives by the financial community at large into dumping all their hard earned money into the stock market to "hold forever"...

It's a sick society that makes the little guy feel guilty for making money, educating themselves, and most importantly taking profits and cutting losses.

Fiduciary responsibility my ass. I'm convinced The majority of the mutual fund community is locked into survival mode and is now forced into funding their existence based entirely on spin, and as far as I'm concerned Indexing "guru" Jack Bogle and the Index fund genre were in the right place...at the right time, and they knew it, nothing more... That being the bottom of a recognizable 20 year cyclical period for equities. Indexing is no holy grail, it's just another ploy to keep people dumbed down and feeling safe....and fully invested in the stock market at all times. Period.

Lets see how equity index funds perform for the next 20 years, now that we're at the top of the cycle and rolling over. My guess is quite poorly...

It's a cutthroat market that a lot of people have no place being in the middle of... alot of these folks should be on the beach, or standing on the edge collecting shells instead of swimming with the sharks.

But as far as wall street is concerned, it's always "come on in...the water is great...it's o.k. you can keep your head above the waves"

Very Sad Indeed...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext