UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: DHatch Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76384  
Subject: A Learnable Lesson Date: 11/2/2000 5:04 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
* * * A Learnable Lesson * * *

As one may occasionally pick up valuable kernels from looking closely at a pile of manure, do look at


http://www.fool.com/retirement/retireeport/2000/retireeport001030.htm


One will note that, during a downturn, how much less would be lost in value by keeping a certain amount in the equivalent of cash at relatively short term interest rates. I believe that a bit of cash at short term interest represents important security for any retired investor and should be considered for inclusion in any retiree portfolio.

Please do not misunderstand me. I in no way intend to ever suggest that anyone might even consider the illogical and potentially dangerous official Model Retiree Portfolios --- any of them, ever --- unless one, lemminglike, deliberately intends to follow an overly enthusiastic, but obviously dysfunctional, investor down the path of gloom and dispair over the cliff to potential financial ruin and meals of dogfood.

Sincerely,

DHatch

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Russia Collapsing Again?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement