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


To: Thomas M. who wrote (61545)6/6/1999 2:03:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 132070
 
To the lifeboats!

By Andrew Smithers

forbes.com

Tom



To: Thomas M. who wrote (61545)6/7/1999 9:35:00 AM
From: Freedom Fighter  Respond to of 132070
 
Skeeter,

I like this comment from Heebner,

"Ultimately, the most dangerous thing a human being can do today is buy an index fund."

I agree with him. In general I think it's a great idea for the average investor. But like all good ideas it has been promoted to insanity. The S&P500 is very overvalued absolutely and relative to other areas of the market.

Wayne