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To: meyer
All I know for certain is that people will be a bit more prudent over the next decade or two.

"One woman said her husband got mad if she opened their monthly investment statements. Instead, the statements got thrown in a desk drawer where they have been piling up since the beginning of the year."

This I believe says what I believe to be true. American's gain and lose money but they never take the time to find out why.
41 posted on 07/31/2002 12:25:37 AM PDT by jwh_Denver
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To: jwh_Denver
All I know for certain is that people will be a bit more prudent over the next decade or two.

You think so? The spinners will get out there and say it was a temporary condition while people readjusted their investments and all of those good guys and gals out there in corporate America will be so relieved when the crooks are taken care of.

Denial, greed, and laziness are powerful influences on the investor.

What I did during the roller coaster ride is readjusted my (small) portfolio to be interesting, well run companies with good products to sell. And I'm sticking with them unless they give me a reason not to. And nobody's going to tell me what I should be doing!

45 posted on 07/31/2002 6:05:01 AM PDT by grania
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