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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (33268)10/2/1998 6:11:00 PM
From: Joseph G.  Read Replies (1) | Respond to of 132070
 
<<dollar cost averaging is lessens the risk. anybody that has been dollar cost avging in japan for the last 12 years is hurting badly.>>

and if they were for the last 24 years - hurt even more.

Why is it they always chose 1929 to start a twenty year program? Because if you started in 1912 to 1925 - twenty years later you'd be deep under.

And they also never mention that there was a huge inflation from 1932 to 1949.



To: Skeeter Bug who wrote (33268)10/2/1998 6:11:00 PM
From: Ilaine  Respond to of 132070
 
Skeets, m'dear, I can't argue with you, because you are right. ;^)

And, although I don't know how Mr. Burke came up with a fair value of 4,600, I can't argue with him, because I can't figure out how to value an investment in the stock of a company that doesn't pay dividends. :^)

Not to mention shares of companies that don't make profits. ;*(