Investing for the Long Run Message Board

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Strategies & Market Trends : Investing for the Long Run

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To: tyc:> who wrote (45)	7/29/2007 9:07:47 AM
From: tyc:>	Read Replies (1) of 68

I have described CASH as just another possible home for investment funds; just another stock. As such it could find a home in my Portfolio. Its price would be the reciprocal of my index, per the following chart. I have rejected it in the past because of its horrid fundamentals and long term chart. However, history is replete with examples of fundamentals being ignored and prices being bid up regardless. Should there then be a place in my PF for cash ? I reject it, just as I rejected the dot coms, and BRE-X and would have rejected tulip bulbs. Cash is for spending.

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