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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (21489)7/20/2002 9:45:40 PM
From: Snowshoe  Read Replies (1) of 74559
 
Yes, but not before the rest of the Script that you seemed to have fast-forwarded and thus skipped:

Darn, how are we ever going to fit all of this into a two-hour movie?

I'm reviewing the folk's finances, and here are two minor anecdotes. They got an unexpected sudden payoff on a real-estate limited partnership. The buyers wanted to escape the relatively high interest rate. And one of their better mutual funds (only down 25% since the top) decided to fold up and return the remaining principal. Decided they couldn't make any money in the current environment. And so we are stuck with investing more money in today's low-rate environment.
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