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To: KeepItSimple who wrote (58863)1/17/2001 5:25:19 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
KIS,

I thought we already had that. Whatsa diff -- buy stocks in a 401k and borrow against it ... isn't that a leveraged monthly payment plan to buy stocks. The problem is when the retrenchment start (ding, ding, ding ....)

Got a buddy who says he'd never use margin. Last year he bought a car and borrowed funds at 6 something percent when he could have easily paid cash -- kept the money in investments instead. Whatsa difference -- could have bought the car outright and purchased stocks back on margin -- only difference might be the rate differential -- he is still leveraged to the market ...

Hyper-inflation is here -- its the market, KIS. Stop fighting the "new" trend -- before u get burned. Hyper-inflation is always a temporary effect ...