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

To: sea_biscuit who wrote (2939)	1/20/1998 4:36:00 PM
From: Investor2	Read Replies (1) \| Respond to of 42834

RE: <Why, just the other day, some guy who has been investing for the last 2 or 3 years, was telling me that a 15% annual gain was "nothing to write home about"!> I see unreal expectations surfacing on a daily basis, as well. The most extreme example surfaced several weeks ago on another SI thread. One of the posters indicated that his friend just took a cash advance on his credit card to purchase stocks. I replied to the post by stating that one should never take out a loan at 19% to purchase stocks. Why pay 19% interest when the person would be lucky to realize a return of 15% per year in the stock market over the long run? The SI threader replied, "How about 15% per month!!! Best wishes, I2