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To: Freeflight who wrote (2028)5/18/1999 2:52:00 AM
From: Uncle Frank  Read Replies (1) | Respond to of 54805
 
>>At least stocks in real firms have a book value to pay out, and what does index funds have?

When you buy an Index fund, you are buying a portion of their holdings in real firms. In case of disaster, you still have the book value of the companies in which they have invested. I don't see any difference, do you?

Frank