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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: brk who wrote (15135)	12/19/1999 8:43:00 AM
From: levy	Read Replies (2) \| Respond to of 28311

I was raised by parents who lived the depression and grew up in a time when the market went no where or backwards (late 60's and early 70's). My parents always invested in real estate and did well and taught me to do the same. I witnessed others who had money to invest do extraordinary in real estate while the market remained flat for years. Dow under a 1000 for a decade I think it was. Inflation was like the sun rising. Something so certain that it would never end. So when I finally had some money to invest in the early 80's I began investing in real estate. Sure I put some money in the market through pension plans but never thought of it as the way to go. It wasn't until the market crash of 87 until I bought my own individual stock and even then I committed little and only in the recent few years have I taken the market more seriously. I don't think my personal investment thinking was that uncommon for those tempered by our own personal experience of that era. I still meet plenty people my age with plenty money to invest who never place a bet on individual issues. When I ask why, they say many things like no time, the risk, etc. I am certain many younger folks out there hit the market earlier because they never lived this. When I use the retrospectivescope it seems I should have seen this change coming but I didn't. So will the pendulum swing back the other way? Sure doesn't seem like it now does it. Inflation again? What am I talking about? The only similar feeling or certainty I can remember is about me thinking the Dow would never ever crack 1000.