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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: octavian who wrote (42585)2/16/2009 4:03:47 AM
From: Skeeter Bug  Read Replies (2) of 42834
 
octavian,

i have a question for you given that you are under the ipression you've made money over the last 11 years you've been following "da brink."

from 1998 until now, the s&p has actually dropped in value. in fact, the s&p 500 has been killed over the last 11 years.

factoring in 3% inflation, the s&p at 800 in 1998 is equivalent to about s&p 1150 today. that means the s&p is actually down 350 points in terms of purchasing power - or over 25%.

have you covered the inflation nut during that time or do you pretend inflation doesn't exist?

either you have 40% more money now than you did in 1998 (assuming no future investments or withdrawals) or you are down in terms of real purchasing power.

now you can begin to see why people are so pained by the financial collapse and bear market biting into and destroying their imaginary wealth right before their eyes.
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