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Pastimes : Don't Ask Rambi -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (38633)	9/25/1999 10:02:00 AM
From: Ilaine	Read Replies (2) \| Respond to of 71178

I think the point Lather was making was that you said 2 years, and you dropped a zero, it was 20, just to break even. I think you ought to be able to get Siegel's book from the library, "Stocks for the Long Run," it's very well-written and well-researched. Over time, stocks in general do better than any other investment, but the time horizon is more like 10 years, historically, and after the 29 crash it was longer. You are young enough that you are able to have a 20 year time horizon. Of course, a lot of individual stock values went to money heaven, and never came back. Radio is the most frequently cited one, it never regained its value, and it's still in business, RCA.