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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (177358)	7/3/2002 5:47:25 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

ugly chart -- nuthin' but down <vbg> finance.yahoo.com Goldbug fools -- everbody knows that messages.yahoo.com

To: patron_anejo_por_favor who wrote (177358)	7/3/2002 6:14:50 PM
From: yard_man	Respond to of 436258

bubble on!! marketwatch.com . . . At age 26, Patrick should be investing in equity funds. He should be hoping that the markets will go down significantly in the next decade so that he can buy more assets at bargain prices. Obviously, the markets will have to eventually go up for this strategy to work -- but if he doesn't believe that markets will ever again go up, he should not be investing. . . . . If he can compound his IRA at 12.7 percent for 34 years, adding the maximum every year as set by current law, Patrick could have a $2.17 million nest egg when he's 60. He'll have to withstand some losses and discomfort along the way - but eventually he will reach his goal.