Important
#11
Posted 14 March 2007 - 09:21 PM
JV
#12
Posted 14 March 2007 - 09:25 PM
Semi,
This isn't about being Bearish on the market. This is about what could be making the market go down. That, and being rational about your risk and reward.
Money market's don't pay you enough to take risk. They HAVE risk, too. It's not a highly probable even, but the reward differential between having that risk and not having it is small. Why would you give yourself one more thing to worry about?
Anyone who thinks it can't happen again, especially in this derivatives heavy world is deluded. Will it? Probably not. But, what's the cost if I'm wrong? Nearly nil. Beer money on $100K of short-term reserves.
Mark
Any ideas for someone with Funds at Schwab? They don't appear to have treasury money funds.
#13
Posted 15 March 2007 - 05:58 AM
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter