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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: XoFruitCake who wrote (63176)	4/23/2006 6:05:37 AM
From: wherry	Respond to of 206121

<I think I come to the conclusion that retirement investing is going to be like the patch, it is going to have a lot of up and down that no one really can predict. The best I can do is to build a reasonable size stake, invest prudently and spent money wisely.> Now that's dangerously like common sense! I have been looking for some sort of retirement magic bullet, recently. Perhaps the answer is that there isn't one, and that we just have to go on living and do our best in an uncertain world. So far as investing in the patch is concerned, the big things on our side are time (= depletion, mostly) and the energy intensive and rather rigid nature of modern civilization. It also helps that much of modern portfolio theory is bullshit, and that choices between stocks still do matter. Tony.