Message:

<p>[QUOTE=&quot;mikem2000, post: 1482802, member: 30574&quot;]Really...? </p><p><br /></p><p>Consider this scenario. Investor A has $100,000 and buys 100 shares of stock XYZ. He holds the stock for 5 years and it goes up 8% per year. At the end of 5 years he decides he and his wife need a very nice vacation so he sells his 100 shares for $15,122.00 netting himself $5122.00 and takes a real nice vacation. </p><p><br /></p><p>Investory B now buys those 100 shares at 15,122.00 and the stock continues to rise at 8% per year. After 5 years he decides to cash out and now sells his shares for $22,867.00.</p><p><br /></p><p>So who was wrong?</p><p><br /></p><p><br /></p><p><br /></p><p>Now I understand why folks (especially younger folks) feel that stocks are a bad investmnet. For the last 10 years or so stocks have shown little or no growth. That 10 years is the entire adult life of the younger generation. Also during that same time, PM&#039;s have soared. So it is logical to think, that is the way it is going to be since the younger generation have seen no other way.</p><p><br /></p><p>But to quote the late great Roger Miller, &quot;Good ain&#039;t forever and bad ain&#039;t for good&quot; </p><p><br /></p><p>Ya see, nothing remains the same, all things change, PM&#039;s have had their run. Stocks (equities) are out of favor right now and they are cheap. Nobody knows for sure, but IMHO now is the time to buy. You need to be one step ahead of the crowd.</p><p><br /></p><p>Mike[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in