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To: Mike McFarland who wrote (219)2/24/2008 3:37:30 PM
From: Mike McFarland  Read Replies (1) | Respond to of 379
 
Great line
"My failure was, of course, entirely predictable"

JONATHAN CLEMENTS
After 1,000 Columns, This I Know...

behavioral traps
I think I know more than I really do.
I see patterns in the market's short-term performance that
aren't there.
I'm overconfident in my investment abilities.
online.wsj.com

<adding more stock funds>

...you should only add the fund if you think it will better diversify your portfolio and thus lower its overall risk level.


Of course the risk being in cash is that of inflation
Merely being a saver during periods of stagflation is
not such a bad way to go though I think--what is unusual
right now though is that rates are so artifically low.