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Subject:  Re: Asset Allocation Date:  4/7/2006  6:14 AM
Author:  MadCapitalist Number:  50979 of 88077

I know that I'm new to this board, but I really don't think calling the people here stupid is a very "smart" thing to do. This board is, I assume, peopled by folks who are near (or have already reached) retirement. Why on earth would they want to trade away their savings on the market? And making use of an index fund is not stupid. You need an attitude adjustment, methinks.

joelxwil even criticizes the methods used by Warren Buffett, arguably the greatest investor who has ever lived. I try to ignore him, but it is difficult to stay quiet when he continually gives novice investors poor advice while insulting everyone's methods.
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