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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (48174)	2/21/1999 4:35:00 PM
From: BGR	Read Replies (2) of 132070

SB, OK, I will say it. If you are investing in equities whatever strategy you take there is no FDIC insurance and there is no guaranteed return. If only I knew that this well-known simple statement would make you happy, I would have said that long back. Now, having said that, I do think that dollar cost averaging into a market index across periods of growth and slump and holding for the long term is perhaps the least risky (but still w/o a guarantee) among all other strategies that an average investor may employ (and short-term market timing in a non-diversified portfolio is perhaps the most risky). -BGR.

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