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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (60088)5/20/1999 10:41:00 PM
From: BGR  Read Replies (2) of 132070
 
Michael,

Relax, I was not calling you a bull or something! :-)

The reason not to play the fool's game, of course, is that numerous studies show that very few market timing professionals actually make a higher return than buying and holding market indexes (though some, indeed, do). It is no different that betting on the Lotto, which some do win. That's not investment in my book. That's speculation. But at least those who win the Lotto do not claim superior intelligence.

Now what's double DCA? Hope it doesn't require margin. I hate loans.

-BGR.

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