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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (70678)	10/20/1999 11:41:00 PM
From: BGR	Read Replies (1) \| Respond to of 86076

MB, I presented the house analogy because that still accounts for the largest section of the NAV for the average US family. I shudder to think what would happen if people could trade their houses for a flat fee of $25. I recently saw a news clip in Time magazine, which studied the average annual returns of a group of investors before and after the growth of low cost on line trading. There was a clear negative correlation between the number of trades and the average annual return. -BGR.