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.
Pastimes : Alan Greenspan MUST GO:
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wdlngduc who wrote (482)5/31/2003 1:20:29 AM
From: JJL (Hijacked)  Read Replies (1) of 494
 
Unfortunately, it is way too late for the average joe. Joe investor's retirement fund is gone, long gone! It will be a decade or two before stocks return to new highs. One only needs to look at the markets in Japan. It's been over a decade and stocks are still a fraction of what they once were.

Will I get back in the markets any time soon? No Sir! The memories of the scams, the bull, the manipulation, the media hypes and the outright accounting frauds are still too fresh in my mind for me to jump back in. Like myself, there are likely millions of other investors who feel the same way.

Is Greenspan solely to blame? Maybe not. But he certainly was there with needle in hand poking at the thin-skinned bubble when it exploded. IMO, a man in his position should have known the impact his speech would have had.

Yet he'll likely get many other awards before his tenure comes to an end, while the rest of us got the big stiff.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News