From: gts (gts_2000@yahoo.com)
Date: Sat Jun 14 2003 - 00:15:27 MDT
--- Samantha Atkins <samantha@objectent.com> wrote:
>>> I don't believe this advice makes much sense in
>>> a time of radically increasing change and
>>> volatility.
>>
>> People are free to believe whatever they want to
>> believe.
>
> Thanks for the highly informative reply to what was
> basically a reasonable questioning post.
Sorry Samantha but you did not offer any good reasons
to think "radically increasing change and volatility"
should make my advice any less valid.
It is also a myth by the way that the market is
significantly more volatile now than in the past.
Stock prices are much higher now than in the past, so
their price changes are greater in absolute terms, but
in percentage terms the price changes are not much
greater than they were 20 years ago.
-gts
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