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To: Professional

I don’t think that you are going to see good gains in those funds in this environment. We are heading into a recession. And a large one at that. You would have to risk foreign equities. But we are pulling the rest of the word down too. But you stand a really good chance of losing money that way too. stocks are high risk. If you go for a high return then you also put your neck out for a high loss. Probably one of the best things you could do is to just convert your money into another currency. If you had put that $100.000 into euros about a year ago then what would it be worth now? If the Euro had only gained 10 cents then you could convert back to USD now and have $110,000. And that is not counting any interest you may have earned. So it might be more like $115,000. If the Euro went up 20 cents then you are talking $130,000+. How many funds are you going to get a return like that?


60 posted on 11/22/2007 8:45:08 PM PST by Revel
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To: Revel

Hindsight is 20/20. I do agree that we might see a soft economy, maybe recession, as our system absorbs the r/e issue. Will be interesting to see how holiday sales go, should have an early idea by monday. I can’t remember either a time, when a holiday season had so few exciting new products, big money makers. Even Hollywood has no must see movies like they have had for years and years. For example, seeing the Lords of the Rings was an annual tradition for us...


65 posted on 11/22/2007 8:53:05 PM PST by Professional
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