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Cash is still the king

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Health
Despite the disaproval from some fellow investors, I am still holding majority cash. My only tiny stock position continues to draw me down. From 2/1/2008 to date, my SLO2 fund is down 0.8%. In the same period, S&P500 is down about 10%. The market still did not turn around.

Sunday September 07, 2008 : 03:02 AM

Comments (1)

heinz58:

It is very "healthy" to stay the course. I have a big cash position too - that is to say only because of my wife who is an accountant. For accountants, cash is cash anything else is risk - perhaps extreme risk right now! In any case cash is the safest now as long as it is in an insured account. Cheers and happy waiting for better times - perhaps not too far off!

Posted by heinz58 | September 8, 2008 3:56 AM

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