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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: Trading Machine who wrote (10418)9/21/2001 4:21:15 AM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
hey man, you're safe; you just don't FEEL safe {grin}

...no way Fidelity/Vanguard/American Funds MM% gonna crap out on us but, there's hunnerts of the silly MM% thingys in lesser fund families and yeah - sometimes these lesser MM% go ____ just like sometimes banks and S&L's go ____ and that's where FDIC came from ~ lesson learned sometime waaay back when Granpa was lookin' another bear beast BigKahuna in the eye. If you ain't in a big FundFamily then, yeah ~ mebbe switch yer MM% over to a USTreasury-backed MM% Fund.

My only point, then ~ about MM% was that the yield you be gettin' is now likely equal to or less than what, the ~3.875% yield on US Treasury backed, Inflation-Proof Securities -- so, to my mind - at the same risk/yield - I'd rather sit/save US TYX bonds with some inflation insurance built into them, rather than non-gov't MM% w/o any COLA potential.

...fwiw. Um, try to remember that (when I'm sober) I'm half-crazy, half the time now (^_^)

humor ? here's fresh from my mail-box, fwiw :

>
>
>
> "Papa," little Sammy asks his father. "What is the stockmarket?"
>
> "Oh, Sammy," replies the father, "you are much too small to understand!"
>
> "I am NOT too small! I want to KNOW, now!" Sammy protested.
>
> "Ach, wait a few years, then you will understand better."
>
> "Papa, I don't want to start life poor, like you,
> selling second-hand clothes so... I want to know!" Sammy insisted.
>
> "Alright,," the father gave in. "It's like this:
> You buy two chickens. The two chickens lay eggs.
> So... next year you have thirty chickens.
>
> The thirty chickens, they all lay eggs too.
> The chickens lay eggs, the eggs turn into chickens.
>
> So, you end up having thousands of chickens.
>
> You see, my son, THIS is the stockmarket. You understand, Sammy?"
>
> "Yes, Papa."
>
> "And then, one day, the sky opens up big-time.
> And it rains like in the days of Noah!
>
> The floods, they come and they take the chickens with them
> and wash away all the chickens until they drown
> and you have only two or three chickens left! You understand?"
>
> "Oh, yes, Papa."
>
> "You see, my son, THIS is the stockmarket."
>
> "Papa! You should have bought DUCKS!!! "
>
>