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To: larry who wrote (59770)	6/10/2002 10:52:44 AM
From: Dave	Respond to of 77398

Sorry that I mis-interpretted. Yes, the average "joe" is going to be in a tremendous shock. But hey, aren't those the ones who buy shares are place them in a drawer? <ggg>

To: larry who wrote (59770)	6/10/2002 2:13:28 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77398

Actually, Larry, I disagree with that theory. Since we've had a huge correction over the last two years, I expect large caps to grow more than 10% per year until 2009. Then afterwards, long term bonds will do very well as we enter a deflationary cycle, and consumer spending slows down dramatically due to the retirement of the baby boomers and their moves to fixed income. That means that your spending power will increase and bonds should outperform for a combined purchasing power growth of greater than 8%, not the paltry 3-5% you expect, unless you are going to park all your money in money market funds. Read H.S. Dent's The Roaring 2000's Investor. Very interesting stuff.