SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (85582)6/25/2002 8:09:46 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Hey, cash isn't a bad place to be. Ask a lot of retirees.

Our employee's retirement money has been in cash for 15 out the last 78 weeks, and it appears we're up about 12% over that time while being in cash since November 2001. Not bad, considering our plan is extremely limited on what things we can invest in. The S&P is down about 30% over that period of time if we take out the Sept. lows here.

I will put the money an SPX index fund for a couple weeks after a decent re-test of an SPX low that breaches the Sept. lows, but that hasn't happened yet.