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Politics : Ask Michael Burke

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To: Mike M2 who wrote (90279)3/14/2001 4:18:43 PM
From: Tommaso  Read Replies (1) of 132070
 
This morning Joe Battapa....whatsisyouknowwho was on TV talking reassuringly about people who were going to retire in 20 years staying in the market. According to my wife (I had walked away), when he was asked, "How about if you plan to retire in three years?" He replied, "Cash."

Now what I want to know is, why wouldn't that mean that cash was good for anyone for the next three years?
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