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.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: tekgk who wrote (12961)	1/11/1998 2:20:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 18056

Well, those are certainly persuasive examples. And it is certainly true that with the CPI approximately tripling between 1969 and the later 1980s, it was extremely hard to make money or even preserve capital in real terms. I did it, but it wasn't easy. Getting in as 1974 ground to a bottom made it possible to see a 60% gain, and then if you went into money market funds as those becaome available you could keep up with the inflation. But there was a terrific rebound from the 1932 lows under depression conditions and a lot of money could have been made then. My own personal problem is euphoria, when things go well. I can handle the fear and depression of bad times pretty well but good luck is my downfall. For a person who is young enough and has the discipline to save, putting money regularly into stocks and holding them during a decade of bad times will lead to great wealth.