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To: 16yearcycle who wrote (111845)11/14/2000 1:09:59 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
>>>>DID YOU GUYS SEE THIS :>)http://www.amazon.com/exec/obidos/subst/home/all-stores-ball...

Hey, how come I had no trouble locating the books section here? :-))

--Olu E.



To: 16yearcycle who wrote (111845)11/26/2000 2:02:26 PM
From: H James Morris  Respond to of 164684
 
>The Fool School

Let' s Give Thanks

IT' S THANKSGIVING SEASON again, and although the stock market hasn' t been quite as good to investors this year as last, we still have much to be thankful for. Let' s count our blessings:

Let' s give thanks that the stock market has proven to be such a reliable way to accumulate wealth over the long haul. For most of the past century, the U.S. market has advanced at an annual average of 11 percent. There are always some long periods of underperformance, but in all 20-year holding periods between 1871 and 1996, stocks have outperformed

T-bills 99.1 percent of the time.

Most of us should be grateful for all the time we have. It' s time that permits our investments to grow. Even if you' re 60 years old, you still have perhaps 20 or more years to watch your holdings swell.

We' re also fortunate because we don' t have to invest blindly. There are several great investors with solid track records who have taken the time to share their wisdom. Look for books by Peter Lynch and books about Warren Buffett and you' re likely to learn a lot. (Register to be a Fool at www.register.fool.com, for free, and you' ll gain additional investing insights -- and some freebies.)

Those who invest in American companies should rejoice that America is one of the most demanding nations in its requirements of public companies. Our public firms must report on their financial health and progress quarterly and must issue detailed annual reports and 10-K forms. Even the United Kingdom requires just twice-a-year reporting. Every country has a different set of rules and varying levels of required disclosure, regulatory oversight, accounting and shareholder rights, most of which pale next to ours.

If you' re reading this, you' re living a life of utter, extreme luxury compared to most people on Earth. A fifth of humanity, about 1.3 billion people, struggles to survive on less than $1 per day. You might be bummed that many of your shares of stock have dropped a lot in the last year, but remember that one year does not a lifetime investment performance make. Decades of investing are likely to make our lives sweeter still.