Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (96787)	7/21/2002 12:33:49 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

Presently, my 401k (with matching grants from my employer) has returned roughly 13% per year on money that I have put in, over the last 8 years. I can deal with that, and thus DCA into indices doesn't look like a scam to me. Please, tell me why I should feel otherwise? yeah, but if you employer matches 100% and you turned it into a 13% gain... WHOA!!! i wouldn't be braggin' ;-)

To: BGR who wrote (96787)	7/21/2002 12:42:05 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

If a 19% gain YOY in 1999-2000 time frame didn't bother me, why should a 2-year 22% drop be significant? you mean you are net down including the biggest mania market in history? up 19% from a smaller base... compared to down 22% from a much larger base? OUCH! i guess i was 100% right when i said these bubbles are bad for the vast majority of investors, not good. heck, i avoided the bubble gains (i know, lucky me -lol-, i did catch some of the bio bubble, late '99, early '00, but it was nothing like the tech CRACK SMOKIN' RUSH) and i'm WAY UP compared to 1998. WAAAAAY UP. like 50-60%. bgr, you dca index guys gotta lotta catchin' up to do... -lol-