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

To: Joan Osland Graffius who wrote (96821)	7/21/2002 8:51:53 PM
From: Skeeter Bug	Respond to of 132070

joan, i guarantee you that down 22% is a best case scenario. bgr has trouble with numbers. he's trying to say he's up 180% dca indexing in the s&p when the s&p index is up only 80% in the same time frame. that is IMPOSSIBLE since his avg price is MUCH HIGHER than the beginning price used to show the s%p is up 80% - MUCH HIGHER... down 22% is best case with likely case much worse. hey, just proof passbook savings does have a target market. -lol-

To: Joan Osland Graffius who wrote (96821)	7/21/2002 10:04:35 PM
From: BGR	Read Replies (1) \| Respond to of 132070

Joan, Being a retiree, indeed you should. That simply means, however, that young people at the beginning of their earnings curve should have different investment strategies than retirees. Ah, but it is fun to thoughtlessly generalize, no? -BGR.