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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (99439)	7/14/2003 2:41:39 AM
From: Don Lloyd	Read Replies (1) of 132070

KT observer.guardian.co.uk Revealed: the great stock market swindle Periodic catastrophic declines that destroy years of accumulated profits are the norm, not the exception, writes David Schwartz Sunday July 13, 2003 The Observer "Many experts claim investing in the stock market is the best way to save for the long run. Like many other claims made by financial commentators, it is difficult to prove or disprove this one because of the lack of objective data. I recently created a two-century long inflation-adjusted UK stock market index to resolve this critically important issue.* Among the mass of information produced by this index, one fact emerged head and shoulders above all others. Investing in the stock market is not as profitable as the experts would have us believe...." ---more--- Regards, Don

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