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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: moufassa7 who wrote (50585)	4/17/2001 7:41:00 PM
From: Tradelite	Read Replies (1) \| Respond to of 57584

Moussafa....re: "more money going into money markets now" .....for what it's worth..... I happen to spend a LOT of time lately trying to allocate family assets in the right places.....I bought a Series "I" bond from the Treasury Department today at my local bank. Money market funds have dropped like a rock in the past few weeks, and we have a lot of money in them....my IRA (which is currently parked in a money market fund) was going to be switched to a long-term CD with Capital One but I changed my mind due to volatility and lack of flexibility.....looks like I will keep watch on the very last bastion of good money investment, which appears to be Treasury "i" Bonds, and perhaps more of the family money will go into them if things don't improve elsewhere..... and frankly, with all the layoffs I'm reading about and the coming dip in the housing market (which no one knows about yet but which is probably coming) and the inevitable drop in retail sales when layoffs proliferate, I think Treasury Department investments are the way to go for a while when allocating any money you are managing long-term. This is my humble opinion.....no one should try this at home unless you've studied the total investment landscape. And of course if you trade stocks for a living, you have your own compass to follow.