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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Skeeter Bug who wrote (15099)10/1/2001 2:41:09 PM
From: geode00  Read Replies (1) of 42834
 
The only problem is the low returns on those funds. Note that Bob did not say to dump everything into GNMAs which is what some are trying to get others to believe.

He said to hold them in cash reserves in anticipation of a buying opportunity. I think that was a coupla years ago or maybe it just feels that long.

Then again, I'd rather take a 3% return in a money market than lose almost 70% in Bob's other suggestion, QQQs at 83.
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