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To: Gersh Avery who wrote (54689)10/4/1998 12:06:00 PM
From: SJS  Respond to of 58727
 
Won't be for me. Moved 90% of my 401K to cash in very early August. Last calculation I made a few days ago was that I saved 9% over what I could have lost on paper...

then add 5.90% annual interest on the money I put into cash...

I saved a bundle.



To: Gersh Avery who wrote (54689)10/5/1998 12:25:00 AM
From: Jay Scott  Read Replies (2) | Respond to of 58727
 
Gersh, excellent point about the 401k reports. Maybe all of those people who are "voting their pocketbooks" in supporting the President will reconsider just how well off they are if they have to push back their retirement plans. Scary to think how Mr. Investor will react when he sees those balances for the first time since July.

Since Clinton is misguided in taking credit for the economic expansion and budget surplus, will he then take any of the blame for things going to hell?......Probably not.

BTW, anyone who thinks that Clinton IS in fact responsible for our economic successes, could you please submit an example of ONE policy of his that has contributed positively to economic growth? Just one will do...

JS