Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Freep who wrote (62957)	1/7/2003 7:19:38 PM
From: ajtj99	Read Replies (2) of 209892

I've had our employees in money market for all but 2-days since Nov. 2001. We've missed some rallies, but I can't bear the thought of throwing them in with the degree of risk we have at the lows or with the degree of risk there is once the low is confirmed and upside is limited. I haven't heard anyone complain about missing the 35% drop in the S&P and their 15% gains during the last 2-years using this fairly conservative approach. I'm actually personally liable for this also by doing it this way for our employees, but I don't give it one thought. $100,000 invested 2-years ago is now with $115,000 instead of $65,000. That's a pretty substantial difference considering our limited fund selections. It's easy to lose 35%. It's really hard to make 50% and break even again going long in a bear market with mutual funds.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next