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


To: Maurice Winn who wrote (14162)1/29/2002 2:25:39 AM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<If people start at age 20 [or whenever they start getting positive cash flow] and put money into the stock market every 3 months for 20 years, they are going to retire, with a compounded return of something like 5% to 10%. It's a statistical game but the outputs far exceed brokerage costs.

It doesn't matter when they start. >

OK, we'll start at DOW 150,000... I know you can buy it a tad cheaper from Mr. Market, but you won't mind since price matters not. I'll sell your kids the annuity, just put the check in the mail... I'll sell up to $20 million dollars worth [today's money].

You are right about this part:

<<It is not a zero-sum game with the house taking a 3% cut every couple of minutes [as in a casino]. >>

DAK



To: Maurice Winn who wrote (14162)1/29/2002 7:40:40 AM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 74559
 
>>It doesn't matter when they start. << One thing we all know for sure, it stops, when we're dead. This yarn with 20 yearts compounding etc is right out of the mutual funds' and insurance policies' retailers book(you know them all:"Is it a Hoover guy? Watchtower? Amway?...")

dj