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


To: Mike M2 who wrote (79147)4/6/2000 11:48:00 AM
From: Skeeter Bug  Respond to of 132070
 
thank goodness for the improved flow of information...

>>According to the Consumer Federation of America, only 38% of investors know that when interest rates go up, bond prices go down. The CFA says that fewer than one in six investors understands that higher expenses, like commissions, can lead to lower returns.

Moreover, investors are fueling their purchases with borrowed money. Margin borrowing has climbed to record highs, and at yearend, margin debt represented nearly 3% of personal income, three times the historical norm, according to Sanford C. Bernstein & Co., a New York investment bank.<<



To: Mike M2 who wrote (79147)4/6/2000 12:08:00 PM
From: Freedom Fighter  Respond to of 132070
 
Mike,

That was a great article, but the public would have known about that 2-3 years ago if people would just come to "Ask Mike Burke". (bg)

Wayne