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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (89501)9/12/2002 8:07:49 AM
From: long-gone  Respond to of 116822
 
<<Successful investors should divide their money among a variety of
assets, preferably ones that aren't closely correlated in terms of
performance. These would include stocks, bonds, cash and real
estate.

And although stocks certainly are a top performer in the very long
run -- 15 years or more -- most investors' lives are a bit more
complicated than the simple "buy and hold" thesis allows for.

"Stock prices may fall at inconvenient times such as the years close
to, or in, one's retirement or just before college tuition bills come
due," Mr. Makin writes.

"Asset allocation should always be foremost in investors' minds.">>

Did he address precious metals in asset allocation, or did I miss it? On TV some "experts" have been calling on people owning 3-10% of net worth in precious metals & or their production. Also, now it seems little more trouble to buy & sell metals than stock but taking / changing possession costs more & can be more trouble.