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Politics : Ask Michael Burke
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To: BGR who wrote (96715)7/17/2002 9:25:18 PM
From: benwood  Read Replies (1) of 132070
 
OK, I'll skip the legwork. BTW, my reference to Buy-and-hold was in jest -- the street pushes that mantra for stocks & mutual funds, and I was just pointing out that I bought and held money market funds for the last 3.5 years in my wife's account (and some of my own as well) and exceeded the S&P500 nicely over the past 5 years (while enjoying better sleep than those who have parked with the index). B&H of indexes I suspect will always work great from the middle to near the top of a secular bull market, which should be back in our midst before my 3rd grader graduates. From graduate school. <g>
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