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Pastimes : Don't Ask Rambi -- Ignore unavailable to you. Want to Upgrade?

To: Joseph G. who wrote (6071)	1/10/1998 6:30:00 PM
From: Janice Shell	Respond to of 71178

J+ I think the idea is that one's investments would have changed with the market--you might, for example, have bought the Dow. Inflation is of course a factor, but at least the best studies on this stuff take it into account. (And of course if you'd just kept a bank account, then what?) Trouble is, I think most brokers selling the market to their clients have an imperfect understanding of what has happened, and what can happen. Short term does, after all, count. Look at Niederhoffer... J