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Politics : Ask Michael Burke

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To: BGR who wrote (48144)	2/21/1999 1:24:00 PM
From: Skeeter Bug	Read Replies (1) of 132070

bgr, a person who invested in the nikkei over the last 9 years is much worse off than someone who started investing at the top and stopped. since the person is now dead, they LOSE. this is a very real exception to the simple minded, buy, hold and get rich philosophy. it can work. it also can flop and hurt you really bad. as the market has higher valuations, the probability of getting killed goes up. a lot.

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