[ale] OT: Stock Traders?

[Brian J. Dowd]

Which is why you may want to look at SPY (colloqually called Spiders) or 
S&P 500 Depository Receipts.
They *are* the market. Buy 'em when you want and *sell* them when you 
want just like
amy equity. Avoid unwanted year-end capital gains and losses. No 13b 
fees just a <0.1% mgmt fee.
No paying >1% per annum for poor management (remember 70% of fund 
managers underperform the S&P 500).
However if you lose money in the market please send your complaints to 
me at bdowd@/dev/null.
-Brian

>Very good advice.  A well-research mutual fund and a long-term investment
>(through the thick and thin) provides the safest path and best odds that
>you will retire very comfortably.  Problem is, most people sell like crazy
>the moment things start getting ugly for a stock/fund.  You've *got* to be
>committed for the long haul.
>
>John
>
>Kevin ONeill Stoll said:
>  
>
>>Seriously, though. Any investing I do I use a buy/hold
>>stratgy. If I buy a stock today, I don't intend on selling
>>it for at the least 10 years.
>>    
>>
>
>
>
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