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Pastimes : Sound Money - The Best Business Program (Audio) -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (1)	1/6/2001 5:32:23 PM
From: opalapril	Read Replies (1) \| Respond to of 6

Interesting segment 12/30. The panel generally was guardedly optimistic about U.S. markets, all the more interesting since it followed the week the FED did not raise rates. Somewhat more concerned about overseas markets but in the end expect all will be okay. Technology is where to be if you're a long term investor. Erica Wittlinger's segment was even better. She discussed a new survey by a Terry O'Dean from California showing that the three most common mistakes of individual investors who trade on-line: 1. Trade too often. 2. Sell winners and hold on to losers too frequently. 3. Chase the action. See also: efmoody.com End result: The more you trade, the lower your return. Added facts: single women tend to trade the least and have the highest rate of return from trading. Those who invest in index funds have the highest rate of return of all. money.mpr.org