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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (173262)	3/5/2003 11:50:42 AM
From: rkral	Read Replies (1) \| Respond to of 186894

OT ... Jim, re "We have to go full cycle." I agree. But you again provide statistics for just the down portion of a cycle. That is not a balanced perspective. Ron

To: Jim McMannis who wrote (173262)	3/5/2003 11:52:04 AM
From: chomolungma	Read Replies (2) \| Respond to of 186894

If you bought the DOW (Nasdaq wasn't around) at the top in 1929 it took until 1951 to get even. 22 YEARS. About a generation. And if you had this horrible misfortune to buy at the high, you would still have a return almost 5% to the present. And remember this is without dividends which for 3 decades ran about 5% a year. Tell me again, what's wrong with long-term investing? And please don't tell me about that hypothetical chump who sunk his entire fortune in the market just at the top.