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Politics : Ask Michael Burke

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To: Simba who wrote (96816)7/21/2002 8:38:29 PM
From: Skeeter Bug  Read Replies (1) of 132070
 
simba, bgr is playing fast and loose with the numbers. he probably works for the govt. -lol-

he's screwing something up.

probably not including his 10% put buys with his 401k contributions...

however, finding out what is wrong is NOT in his best interest b/c getting you butt kicked by passbook savings billy over a 10 year boom period ain't something to be proud of. come on! how much time would you spend figuring out passbook savings kicked your butt over a decade!!! ;-)

the puts do not explain the difference between 1-2% annual returns and 13% annual returns - not by a long shot.

also, didn't bgr start dollar cost avging in early 2000?

that makes this 2.5 years into his program and he now says he's less than halfway through his 4 years program.

hmmmm... numbers issues apparently run deep... ;-)
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