UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: wcfenton Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35361  
Subject: Re: Treasuries 101 Date: 8/18/2002 3:48 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
foobar 73...

- The role of diversification is to protect you from being wrong, by forcing you to invest in a manner which you do not agree with. Even if you perceive a peak in the bond market, it's important to still maintain some degree of bond holdings, in case your perception does not turn out to become reality. Betting everything on an one-year economic turnaround is not diversification.

Very good advice! Well put! You have helped bring back the perspective that caused me to look at fixed-income investments in the first place. It will still be hard to allocate hard-earned funds to an investment you feel will have problems in the not-to-distant future. Who knows though, maybe things will remain realitively constant for much longer then I think. For everyone's good, I hope not though.

I'm still going to do more research before jumping into this one. My main problem is that my window of time is closing in on me much faster then I would like, so it kinda forces me to act before maybe I feel comfortable. (I turned 60 in June). All of my investments will go to my wife to offset the drop in pension she will experience once I make the transition to "the other side of the dirt". (Down to 55%).

Anyway, thanks for your words of wisdom and best regards,

Bill

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Berkshire Hathaway

Brookfield Asset Management
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