7/19/2007

14k

I had to write about this milestone. It is an excellent time to remind that for long-term investing, a critical component should include equity markets.


However, it is worth noting that the vast majority of these gains go to the richest people. The top ten percent control over 3/4 of the stock market. In contrast, the poorest half of the country control less than 2 percent.

If those kinds of numbers don't move ya, well, I guess you're just not moved by numbers.

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