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.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: John Hauser who wrote (65894)9/17/1998 10:52:00 AM
From: TigerPaw  Read Replies (1) | Respond to of 176387
 
AND does anyone believe in holding onto cash?

I have set aside cash for two years of planned expenses. This is not trading cash (although a big enough correction could tempt me) but money set aside for house remodeling, perhaps to replace a car etc. I think there is a big enough chance that congress will wreck the government just to prove they can, and if this causes the U.S. economy to fall, well there's no other economy at the moment to fuel the recovery. If so, the cash is my insurance that I won't fall into a personal depression while waiting for my investments to recover.

Otherwise I stay fully invested and continue to dollar cost average my way along.
TP



To: John Hauser who wrote (65894)9/17/1998 5:46:00 PM
From: Scott Kleinhans  Read Replies (2) | Respond to of 176387
 
John

Just heard on CNBC that Warren Buffet is sitting on the sidelines with $9 Billion in cash.

Guess your in good company.

Scott