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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (90692)	10/20/1999 2:09:00 PM
From: Robert Douglas	Read Replies (1) \| Respond to of 186894

Re: "However, at the margin, if an 8 or 9% interest rate is required for comfortable living, I hope he locks up that rate for a long while - which itself can be bad if interest rated DOUBLE beyond that level." This isn't the only risk of being entirely in fixed-income instruments. If the rate drops after your purchase you get a nice capital gain but in many securities you also get an early call. This hands you back your investment precisely at the wrong time - when rates are low.