Ed Yardeni - how to invest $10,000
Here is an article that stated what Ed Yardeni said you should do if you have $10,000 to invest. "Take a defensive posture with $5,000 in stocks that include regional telephone companies, energy companies; multinational consumer non-durable companies such as Coca-Cola, Gillette and drug companies; and, to a lesser degree, technology firms. Then I'd put $4,000 into 10 year government bonds or zero-coupon bonds. The Asian crisis is far from over and will be an important reason for weaker 1998 profits". He did not say what to do with the other $1,000.
Your "poster boy" for the y2k Armageddon did not even mention y2k, even said to buy U.S. Stocks and bonds! What, no gold, food, guns and amo for the coming disaster! What happened to Ed? |