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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (6527)8/2/2001 11:35:13 PM
From: GraceZ  Read Replies (1) | Respond to of 74559
 
Thanks for the link on net worth declining. First decline in 55 years!

It's great that I have to worry about this because for several years we worried about the "wealth effect" reeking havoc causing inflation. Whenever one worry disappears I like to quickly replace it with another.

‘Synchronized’ is new.

Only in my lifetime.

What do you think is worth buying, if anything?

I'm still watching and waiting. Better to bite out of the middle.

how many folks actually can show a NAV increase in the past 12 months?

Those firmly rooted in value investing. I have a family member who works for Vanguard (drone position) and she's quite happy after years of watching everyone else get rich on growth stocks. Also a friend of the family who works at a government job and over a year ago they gave him control to choose between options in his pension. He could choose between an equity fund or an income fund (bond fund). He didn't know what an equity fund was so he thought he'd better stick with income.



To: TobagoJack who wrote (6527)8/3/2001 1:51:16 AM
From: Maurice Winn  Respond to of 74559
 
<The nature of the music dictates the style of dance. The music played now is typical of a Hitchcock movie, right before the J6P enters the dark basement, holding a candle of flickering hope. I am not waiting around for the sudden crescendo.>

Crikey Jay, you sure do know how to make things sound scary. I am so allergic to being in a manic mob that the mere idea of it accidentally happening gives me the jumps.

I do NOT want to be standing there in any crowd when the Hitchcock denouement unfolds. I have to tell myself it's just a story, albeit with very real possibilities. There is certainly a lot of creative tension built up. But I prefer to think of the world as far more prosaic than a movie, even if actually much more gory and horrific. That's odd in a way - horrific reality is less scary than imagination about it. I suppose fear of the unknown is the hook - one can imagine so much worse than what can really happen. Stop watching those scary movies and frightening me!

Mqurice