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To: Sawtooth who wrote (4503)10/3/1998 8:56:00 PM
From: KHS  Respond to of 21876
 
About 2 years ago heard a money manager on Wall Street Week discuss why one should be 100% in common stock to the day you die. He was 92 years old when on the show.

Of course keep aside some cash for the new car etc.

This 10 to 15% stuff means one is a timer. That will lead to failure.



To: Sawtooth who wrote (4503)10/4/1998 1:55:00 PM
From: yard_man  Read Replies (1) | Respond to of 21876
 
Stocks do not present a good risk-adjusted return right now, IMO. I expect lower lows for 6 - 9 months out. If I turn out to be wrong in that amount of time, I will reassess my stance. In the meantime, money market returns will not kill me, eh? Inflation is not running away with my money right now.


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