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To: Palladin

No, not quite. But I can tell you that at moment (since July, actually) I don’t have a penny in any stocks or bonds, except a cash preservation mutual fund that invests only in US Treasury bonds. Watch out for “high grade corporate bond” funds and similar labels. When bailing my 401k out of it’s usual S&P 500 home, I looked at the one mutual fund in my 401k plan that had that sort of description, dug a little deeper, and discovered it was 60% invested in mortgage-related bonds — suddenly the cash preservation fund with a history of earning a return of about 2-3% a year looked VERY attractive. FDIC-insured CDs meet my current criteria too — just make sure not to have more than the insured limit in any one bank.


10 posted on 01/18/2008 9:08:27 AM PST by GovernmentShrinker
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To: GovernmentShrinker

Thanks for the good advice.


12 posted on 01/18/2008 3:51:39 PM PST by Palladin (Rudy on abortion: "I believe in a woman's right to choose.")
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