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To: Kenneth E. Phillipps who wrote (60216)7/10/2002 12:50:08 PM
From: Gottfried  Read Replies (2) | Respond to of 77400
 
Kenneth, I'm hoping that the 60% will eventually reconsider and invest in stocks of companies with squeaky clean balance sheets, driving their stock prices to overvalued, so they can be downgraded on valuation. :)

>A Gallup Poll released last week found that 6 in 10 investors said that corporate and accounting fraud now make them reluctant to invest in the stock market."<

Gottfried



To: Kenneth E. Phillipps who wrote (60216)7/10/2002 3:18:29 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
Yeah, my brother said he is through with the stock market. He now has 50% of his assets in bonds and the other 50% in money market funds. He makes enough money that he doesn't really need to worry about making money on his money in order to have a healthy retirement, but I still think it isn't the smartest thing to do when you still have a time horizon of 15 years or greater.

I for one am just following good asset and category allocation strategies to minimize my losses during these down years. When the good years come back, we will be well positioned.