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Gmenfan

07/11/08 2:25 PM

#53467 RE: Rockmek #53465

If past performance is an indicator of the future why is this or some similar disclaimer almost alway found in the small print when looking at an investment, investment firm or financial product?

“Past performance is no indicator of future results. Fund historical performance does not promise the same results in the future.“
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milo3

07/11/08 2:47 PM

#53474 RE: Rockmek #53465

Rockmek, your ASSumptions are still clearly based on ancient history. Once again, ancient history can not be be counted on to reliably predict specific future events.
Let me give you a personal example you can understand. As a baby how many times did you fall down (fail) in learning to walk ? I guess your parents said you'd never learn to walk based on your failures ?

The world is replete with uncountable stories of failure before success. My best advice, hide and watch - it'll be less humiliating for you as Spooz becomes successful.
milo3