Zeev's Turnips - No Politics 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 : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SOROS who wrote (88644)	6/30/2002 3:29:07 PM
From: orkrious	Read Replies (2) of 99280

Almost 100% are still fully invested in stocks/mutual funds. Almost 100% still defer all their money to their 401(K) and other retirement plans and right into the same mutual funds. Almost 100% still believe, "for the long haul", "always come back", Absolutely none of my friends has listened to me about selling. Some have stopped putting new money in, but none has sold. One of my best friends is a very well-off surgeon, who until a few months ago continued to throw money at the market. When a month ago I suggested (for the ??? time) he sell his INTC, he said he knew it had a high PE and couldn't grow that fast, but said it was a good company "for the long-haul." This is a very intelligent, well-educated individual. The American public truly are sheep. All my friends tell me they should have listened to me two years ago, but it's too late to sell now. ork

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next