Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (3412)	5/4/2001 10:10:23 AM
From: Cogito Ergo Sum	Read Replies (2) of 74559

'No instead we have banks holding massive derivative issues' Curious, a while back I went cash (Gov Bond Fund) in one of my kids accounts. Even in a government bond fund however, a codicil was in place specifying that the fund 'may' from time to time employ derivatives as a hedge. Gee, here I thought investing in government bonds WAS a hedge. Lesson buy your own bonds. Never mind the fund ? Silli Silly me. (Altered Images) regards Kastel

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