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Strategies & Market Trends : Bill Fleckenstein, the BEAR! Is he finally right? -- Ignore unavailable to you. Want to Upgrade?

To: James L. Fleckenstein who wrote (167)10/6/1998 4:26:00 PM
From: Tommaso  Respond to of 259
 
Actually this is the TIAA fixed fund and the reason my wife gets 7% is that the contributions to that fund went in at a time when returns on bonds were a lot higher than they are now. New money will earn less than that. I think some of her contributions are actually earning as much as 8.5 percent.

But of course, the current money market fund in TIAA-CREF only pays around 5%, maybe less by now.



To: James L. Fleckenstein who wrote (167)10/6/1998 4:35:00 PM
From: Tommaso  Respond to of 259
 
I can't remember if I have posted any links here to the Prudent Bear thread that I started back in January. It's probably up nearly 35% since the decline began in July--the best performance of any of the 1,800 or somutual funds of any kind in the last quarter. Of course, with the market continuing up for the first half of the year, its year-to-date isn't the best--only up maybe 14% or so since January, and some bad times in between.

exchange2000.com


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