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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (68425)9/30/1999 1:59:00 PM
From: Henry Volquardsen  Respond to of 132070
 
Wayne,

fwiw I was half joking with the comment about long term perspective. I tend to do my investing from a long term perspective as well. I have a 5 year horizon for my personal investing.

My comment was directed more to 'gold bugs' and others than you. I have found that a lot of people use long term perspective as a cop out. The perspective become long term after they have lost money in the short run. Taking a long term perspective is a wise think to do when initially adopting a position. However I have found that a lot of people adopt positions with a short term view and it only becomes long term after the market fails to behave :)

Henry