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To: GST who wrote (130759)	8/30/2001 11:54:12 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

See, there is a huge problem that people are TERRIFIED to think about. And that is: Only a finite number of people can share in the profits of good companies. Every man woman and child on earth can't just buy a share of IBM and let IBM do all the work of building their retirement! But since mutual fund investing became so popular, we had roughly the same thing. An entire global population chasing a small number of profitable companies. Imagine if everyone knew the winner of a horse race ahead of time. So everybody at the track places the same bet to win. Of course, in this case, nobody wins because there is nobody betting against them. If you take the profits of the finite number of great companies in the US, and try to spread it among the retirement funds of every single citizen, then everyone ends up with JACK SQUAT. Sorry, everyone can't get rich in the stock market any more than the government can give everyone $1 million dollars and lift everyone out of poverty. It's called hyper inflation. Or Yahoo stock, whichever you prefer. Same thing.