George Patterson wrote:
Montblack wrote:
Sell in Jan 2000. Move money into money market fund.
Better make sure that fund is heavy on bonds. Some money market funds
were
losing 20% a quarter in 2002.
I've never heard of a money market fund losing 20% (or even 2%)in a
quarter. They're usually very low risk/return funds invested
primarily in high quality commercial paper, bank CDs, etc...
Aviation content : I've had my engine overhaul fund in a money
market fund for many years and I'm in the process of blowing it all!
John Galban=====N4BQ (PA28-180)
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