To: rohry
If someone knew what was going to happen to markets, there wouldn't be any. This guy reads great but also has a tremendous financial interest in managing money...he receives big fees for the 200 mil. Maybe as much as $6,000,000 per year. I receive countless e-mails daily from the guru's who proclaim to know. I happen to be balanced in my portfolios. Have made almost as much money in bonds as lost in stocks. The problem in selling now is you lock youself out of a correction and also lock in the loss. Who knows?....like I said at the start.......no one knows!
14 posted on
09/25/2002 6:10:20 PM PDT by
TheLion
To: TheLion
Do you remember Howard Ruff and "Ruff Times?" My stepfather swore by him in the late 1970s and early 1980s, always preaching "gold, gold, gold." Fortunately, my stepfather did not invest heavily in gold or metals, but what he did invest stayed almost entirely flat for 20+ years. Meanwhile, ol' Howie got rich off his newsletter.
20 posted on
09/25/2002 6:32:45 PM PDT by
LS
To: TheLion
"This guy reads great but also has a tremendous financial interest in managing money...he receives big fees for the 200 mil. Maybe as much as $6,000,000 per year."
Do you have a point?
21 posted on
09/25/2002 6:33:36 PM PDT by
rohry
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