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 : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (44959)	10/11/2000 12:16:46 PM
From: donjuan_demarco	Read Replies (1) \| Respond to of 769667

Re 1929 crash --- I had a client years ago who retired at the age of 35 in the early 1930's due to his stock market gains. He survived the crash, had some cash, and had a bash.

To: Neocon who wrote (44959)	10/11/2000 12:23:59 PM
From: flatsville	Read Replies (1) \| Respond to of 769667

>>>As I understand it, the options will be mutual funds, both stocks and bonds, both no- load and managed. Thus, the "survivorship factor" would be mitigated by professional anticipation and/or diversification.<<< There were unit investment trust under professional management in the 1920s...a sort of precursor to the modern day mutual fund...Professional management of these UITs didn't "mitigate" anything in 1929. >>>Also, it is a reasonable assumption that stabilizing factors in equities trading in the United States have increased to such a degree that a speculative bubble of the magnitude of '29 would not occur.<<< You may want to do some reading on stresses in the credit markets. Hard to see the bubble when you're inside of it. >>>. Also, by the way, if one were to have invested just before, or even just as, the '29 run up occurred, it only took several years to get back on track.<<< Try 1951, 1954...more than "several" years. And the Japanese are still waiting.