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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (3283)	12/23/2006 5:07:11 PM
From: Elmer Phud	Read Replies (1) \| Respond to of 10065

Kirk, Your whole argument boils down to this: If someone knows with certainty what the market will do in the future then you can do better than Bob. On that we are in complete agreement. You also are correct in the scenario you describe. Under those circumstances you could have done better than by following Bob's advice. The problem is that time moves in the forward direction and I am not impressed by someone who can tell me what happened in the past and I certainly wouldn't pay for what I already saw happening. So congratulations, you can tell us what already happened but near 100% certainty. If you can find a sucker to pay for that then good luck to you.

To: Kirk © who wrote (3283)	12/25/2006 11:07:34 AM
From: Boca_PETE	Read Replies (3) \| Respond to of 10065

Kirk: "Sitting in cash waiting for 1250 that has yet to show since the date I chose, which Pete thinks is good advice, has you up a bit over 1%." IS NOT AN ACCURATE REPRESENTATION MY VIEWS! In my personal opinion, the good go-forward investment advice in this uncertain market is as follows: - Maintain allocations for current assets invested in the stock market. - Dollar cost average new money into the market. - Lump sum invest new stock market money on dips below S&P500= 1250. When you become age 65+, your views on investing and asset allocation will likely become more conservative. In the current climate, there are too many potential life changing exogenous events out there. P