Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (225174)	3/4/2003 10:30:01 AM
From: reaper	Read Replies (1) \| Respond to of 436258

<<that I'm losing effective purchasing power by holding a treasury bond>> maybe true for BILLS (short term), but not bonds. despite my wife's taste for expensive imports (which she's passing on to our daughter <g>), the capital gains plus the rate on zero bonds is vastly surpassing even the Guru's imagined inflation. as a general rule, you do not DESERVE a real RETURN for holding the risk-free asset (short term government paper), especially in a deflationary environment awash in excess capacity. you deserve to have your purchasing power more or less maintained, which is +/- the case today. Cheers