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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (55761)4/13/1999 12:08:00 AM
From: Mama Bear  Read Replies (2) of 132070
 
Michael, I thought you'd get a kick out of hearing it straight from the horses mouth: #reply-8871142

"The market may be high, but there's still a heck of a lot of money out there waiting to enter the market. People won't begin pulling money out until they begin to need the money for retirement. They won't pull the money out because valuations are too high -- many investors don't understand valuation, anyway. If that were not the case the market would have topped out a long time ago."

I think I'll people mark Greater Fool's profile for a while.

Member 7405801

Barb
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