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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76420  
Subject: Re: IRA capital gains convert to ordinary income Date: 4/17/1998 4:54 PM
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PSUEngineerFool,

<<My real concern is some people out there think the stock market is "easy" and ignore risk. I am worried there are some who have stumbled on this site and started investing in the Foolish 4. They haven't read the Motley Fool Investment Guide (or some other guide) and understand how the stock market really works.

How many Fools are new at this and were not invested during 1987? Yes, I know, you read how investing is long term and events like that should not concern you. But reading and experiencing is 2 different things. I am much better off today going through that experience and not panicing. But if some are investing without spending some time studying, they may panic in the end. >>

I thoroughly agree. If I believe a person is a novice, I certainly suggest caution and education first along with a suggested series of readings. Ya gotta walk before you run.

<<Past performance does not guarantee future returns. I am afraid some only have experience with the recent bull market. (OK, I am an alarmist)

I agree with you that investing is intensely personal. So lets get back to investing and have some fun.>>

And that gets another agreement from me. See? We're not that far apart. <g>

Regards....Pixy
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