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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (36682)	8/12/2000 10:57:21 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

G, , you may fill as many as three portfolios with up to 50 stocks each. You may trade your stocks as frequently as you like at no extra charge Isn't this what you and I are doing now? Simply slapping the word Fund on it does not sem to be worth anything to me, let alone $295!!!!! BTW, I call the stocks I hold my 408 Portfolio, because most of the names are in the 408 area code. Maybe I should get the phone book of Sothern CA and start my own fund:-) Brian

To: Gottfried who wrote (36682)	8/12/2000 11:02:22 AM
From: Kirk ©	Respond to of 70976

RE: The FOLIOfn concept Interesting. This reminds me of that Baseball rotisserie league where people make their own teams from the players and compete using how the players do on the teams they play for. Pretty much a zero sum game and the house collects $295 annual cut of the table. It REALLY is turning more into a casino. More and more ways to extract money from the poor folks that think they can beat good, long term investing techniques (either buy quality growth stocks when on sale, such as LRCX today, or dollar cost average into index funds is the easiest way to financial independence...not day trading! --->For 99.95% of the population...there are a few exceptions.) Kirk