Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 41.41

+2.2%

Dec 5 3:59 PM EST

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To: Jim McMannis who wrote (173291)	3/5/2003 4:04:41 PM
From: chomolungma	Read Replies (1) of 186894

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. How in the world did they "lose it all?" There's only one way to lose it all short of the market dropping 100% and that's leverage. Why were these people buying on margin? That's easy, greed! They had a flawed investment philosophy and it had nothing, ABSOLUTELY NOTHING, to do with the 9% historical return on the market being crapola, unless you call facts crap.

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