I think that someone who is 30 should take a very long-term view. Now, many people are attracted to investing in individual stocks because it's fun, and there is nothing wrong with that. I do that myself. Most of what I have is in mutual funds because I have a full time job trying to help the Nasdaq team give you all a good market, but I enjoy investing in individual stocks and when I do it, I try to do it with a very, very specific objective in mind and some understanding of what that company is doing. I look at a company that I want to have a long-term holding in.
Margin cuts both ways.
We're not into that. We're into operating a free market. You have a chance to make it or you have a chance to break it. We want to give you a level playing field to have that happen. Most people who are working full time at a job ought to have most of their assets in professionally managed mutual funds.