Friday, July 01, 2005
Buy and Fold
The Daily News took a look today at the performance of major stock indices over the past 5 years -- all are down. The Nasdaq is still at 40% of its 2000 high. And the raw numbers ignore inflation, so the real performances are worse than they look. It will take the "buy-and-hold" people who bought in early 2000 decades to get back to even -- just like it did after 1929.
I was watching TV with someone the other day. The CIA was transporting a terrorist, and the flight they all were on were brought down. When...
Declares LewRockwell.com : "All of this means that while the government has been artificially propping up the economy and 'stimu...
Is shaping up nicely .
The language won't die, but that doesn't mean the programmers won't ! Funny quote: '"Just because a language is 50...