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STOCKTALK

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (2245)	12/1/1997 2:24:00 PM
From: Dave Grady	Respond to of 42834

I only listened long enough to hear that Bob was away. (I did not know it was the Fools covering...and frankly do not care). I listen to MONEYTALK for one reason...BOB BRINKER!!!! Just my two cents...

To: Kirk © who wrote (2245)	12/1/1997 3:04:00 PM
From: Investor2	Respond to of 42834

RE: "I am NOT saying the Fools are perfect, but they did have some good points and I found them far better than "The Goddess" who tells you to pay commissions to get good advice." I agree. The Fools don't compare to Bob, but they weren't as bad as some on this thread are implying. I think Bob just spoiled us. RE: "Having people like "The Fools" are good for educating the 20-something investors ..." I agree again. The Fools provide a good lesson for new or newly-serious investors. Best wishes, I2

To: Kirk © who wrote (2245)	12/1/1997 3:14:00 PM
From: Greg Luke	Read Replies (1) \| Respond to of 42834

This whole discussion is all about risk vs. rewards. The trick is to take the appropriate risk for your own situation. Sure, the absolutely green investor should stay away from crude oil futures. On the other hand, the investor who has a net worth of millions and time to watch things closely, can play the risky ventures. I suspect that most of us are somewhere in the middle. Before BB gives out advise, he generally asks the call his net worth and how the money is invested now. But the DOW has historically been a slow mover..I think I heard the Fools say 11% per year...sounds high. When you subtact inflation and taxes, you are looking at real returns of closer to 5%. It takes 14 years for money to double at that rate. The index funds are a great place for the novice investor. More power to the guy who puts away $100 a month into an index fund. If he would have done that since 1994, the college fund would look pretty good now. But this has been an incredible bull market. The same statement could not be said for the previous four years. The point: If you are 25 years old and want to reach critical mass at age 50, putting most of your money in an index fund, a dogs fund and a big name company isn't going to cut it. Not if you just let it sit! "You need to know when to hold, know when to fold.." That is the secret of the market. Market timer means a time to get in and time to get out (or go short). If you want to "live comfortably in your old age", then let the money sit in the market. But if you want to reach critical mass in time to be able to enjoy it, you must understand that timing is a critical ingredient. Greg Greg

To: Kirk © who wrote (2245)	12/1/1997 9:56:00 PM
From: Trebor	Read Replies (1) \| Respond to of 42834

>"The Fools" are good for educating the 20-something investors< I think they can teach us 50+-something investors a thing or two as well. Namely, they represent a completely new era in investing. The Fools are a pure product of the Internet -- an investment tool that most of us are only beginning to comprehend and appreciate for what it is and what it can do. The very fact that we are having this conversation is something I could not have envisioned a few short years ago. Every day I'm amazed at the investment information that is now at my finger tips over the net. It is changing everything and the fact that the Fools were bred and borne on this medium is one thing I found so interesting about them -- they represent tomorrow, not yesterday.