Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Knighty Tin who wrote (68548)	10/2/1999 11:32:00 AM
From: Thomas M.	Read Replies (2) \| Respond to of 132070

Nice piece from Bill Gross, with a chart of debt/GDP: pimco.com Tom

To: Knighty Tin who wrote (68548)	10/4/1999 12:15:00 PM
From: BGR	Read Replies (3) \| Respond to of 132070

Come on Michael, even you can do better than that! For a long term investor putting money in small increments into index funds (DCA'ing, that is), what is the probability of getting caught in market tops and severe crashes? I am sure they taught you probability in Business School, didn't they? ;-) In case they didn't, I will provide an analogy. If you drive to work every day, the probability of a fatal accident is very little. That should not prompt to consider hiring a professional driver, right? Why am I not surprised, though, that a professional money manager (or a professional driver) is warning index-fund investors (or folks who drive on their own) about the risk of rare market crashes (or fatal accidents)? <VBG>