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Subject:  Re: Time for a Few Small Repairs Date:  1/30/2008  2:02 AM
Author:  smashignitionst Number:  28151 of 533

What part of "averages 8-10% annual return" don't you people understand?

 If you can't make 10% a year in the stock market, why not get out?  Buy an ETF that tracks the S&P and you'll never have think again in your life, and you're basically promised 10% if you stay in for 10 years or longer.

 Me, personally - I'm taking this opportunity to buy large company stocks with Forward P/E's of about 10.  They might go down 20% before they hit the bottom (and that's okay too because that means I can buy even more!) but eventually they are going to get to around 15 at least, and that means 50% gain (nevermind that the company is growing!).

 Everyone who thinks WFC is a sell at this point - send me your email address and I'll mail you an e-card next year when the company is making more than it was last year, and the stock is 30% higher than it is today.

 Guaranteed money in the bank.  (and it pays better than a T-bill!)

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