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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (4430)4/11/1999 5:43:00 PM
From: Jeffrey D  Read Replies (1) | Respond to of 15132
 
Interesting and timely L.A. Times article on the rise of on line trading and the decline of "buy and hold" investing and the decline of mutual fund investing. Hey, my T. Rowe Price index fund is up 10% for the year! I guess that kind of return is too boring for the internet folks. Jeff

latimes.com



To: Justa Werkenstiff who wrote (4430)4/16/1999 10:25:00 PM
From: Lars  Respond to of 15132
 
Justa,

>>>
LOL. Do you have a license for that humor. Lethal stuff there. And don't forget our huge back end load of 7% so when our scheme fails and they all rush to redeem we hit them again going out the door. No mercy. And when they exit, we will take triple what we paid for the beepers and cell phones from their accounts.
>>>

No license baby! Shhhh! You never are supposed to tell them about the back end load. We didn't have to with the internet mutual fund. Ha! I am disappointed in you. What good broker tells his client about a load, especially a back end load. Hmmm. Kind of an ironic term when you think about it.....back end load.

Re: beepers and phones. We are online broker e-cyber pimps. HA!