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Subject:  Re: 5 Year "Cushion" Date:  4/28/2000  9:50 AM
Author:  TMFPixy Number:  3755 of 20632

Greetings, Jangle1, and welcome. You asked:

<<I've let this lay dorment for a while now, but I just read the FoolU Q&A on assett allocation and there the advise is to have 3 to 6 months of cash and the rest 100% in stocks. This seems to be 180 degrees from your position of 5 years of cash. Any response to the FoolU Q&A?>>

The FoolU piece you read is written from the standpoint of someone who is still working with many years to go before retirement. Consequently, the assumption there is the income comes through wages, something the retiree typically does not have. Still, even for workers, we maintain that money you know you will spend in three to five years that can't come through wage income should not be in stocks.


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