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Politics : Formerly About Applied Materials
AMAT 332.56+4.1%3:59 PM EST

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To: akidron who wrote (20425)6/17/1998 9:09:00 AM
From: MileHigh  Read Replies (1) of 70976
 
aki, explain below. Sure if people are investing in a taxable account and they lose money this equals less cash to go around, but if we are talking about 401K or IRA money, you do not lose until you cash out, and this is many, many years away for a lot of people, including me...I don't understand...

Incidently.... there's a big hole in the theory of the baby boomer retirement bubble... if they lose their pants in a bear market... they'll be less cash to go around...

MileHigh
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