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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: PerryA who wrote (135885)11/27/2001 3:01:12 PM
From: Knighty Tin  Read Replies (1) of 436258
 
Perry, As the late great Red Foxx used to say on "Sanford and Son," You BIG Dummy! You didn't get the memo that saving is stupid and cash is trash? <g> I hear those self-serving bits of advice all the time and they drive me nuts. I guess you only need two months of cash now because jobs are so much easier to find during a recession.

I haven't learned much in my many, many, oh, so damned many years, but one thing I have learned is that the best time to buy bonds is when they're yielding a lot and the best time to hold money markets is when they're not. Counter-intuitive, which is why so many bond traders get carried out on stretchers. <g> I haven't got any easy rules like that for stocks.
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