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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: GraceZ who wrote (2327)6/10/2003 2:12:33 PM
From: Perspective  Read Replies (2) of 4905
 
And congrats to you and Reap on the bond holdings; I just don't have the stomach for that. Buying a ten-year debt instrument with a near-zero real rate of return from a monetary authority with no respect for the currency is not my idea of a sound investment. Sounds too much like a greater fool approach to me. I saw people playing that tune in 1999 with stocks, and I was a willing seller.

BC
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