Intel Corporation (INTC) 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.

Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chomolungma who wrote (173265)	3/5/2003 3:50:07 PM
From: Jim McMannis	Read Replies (1) of 186894

RE:"Tell me again, what's wrong with long-term investing?" Certainly I don't have to bring a chart out. It does depend when you bought of course. RE:"And please don't tell me about that hypothetical chump who sunk his entire fortune in the market just at the top." Well, I do know many people who saved their whole life and then bought near the top and lost it all. After all, their broker told them to "be in for the long haul". Whipped out the 'ole 9 per cent a year on average crapola. You have to realize that all that volume that drove the market up had to come from somewhere. Much of it was new investors so the idea that some average Joe was as likely to invest in say 1990 rather than 2000 is simply not true. The new bubble is Real Estate, look out. And don't think that everyone will be able to sell their house and stick the money back into the stock market. Never seen a bubble yet end in a soft landing. This country has had about a good 28 years of flawed internal and external policy and now it's hitting the fan. Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next