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To: Joe NYC who wrote (102895)4/25/2000 11:33:00 AM
From: Yaacov  Read Replies (2) | Respond to of 186894
 
Joe,

There is no safe havens! There are only risks that a man takes. However, one never know if the risk was worth taking, unless he has taken it! Selling and deposting money in secure banks?? Bank deposits here give max. of 3% per year on Sfr. I make 25 to 35% pre year in mix of 30% Bonds and 70% US equities per year! In the past ten days, I have changed that ballance to 10% bonds and 90% US stocks. SOld bonds to buy CSCO, INTC, IBM, ORCL, and I bet I bring home
more than my Sovergn AAA bonds gave annually! Was it worth it to sell bonds that yeilded it 6.5% per years for INTC under 113 and CSCO at under 65? We will see in six months!
Kind regards

Yaacov



To: Joe NYC who wrote (102895)4/25/2000 12:08:00 PM
From: carl a. mehr  Read Replies (1) | Respond to of 186894
 
Re: <<...you could sell all stocks and deposit the proceeds in one of those Swiss banks. ;-)>>

Safe alright
, but you may never get it back. Lots of one way money transfers...humble carl