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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / Perhaps I'm crazy
Post #46,237
by wharris2
7/20/02 7:05:23 PM
Reply
New Perhaps I'm crazy
but I find treasury funds about as nutty as growth funds. The government's Social Security shenanigans (and other practices that would make an Enron CEO blush with shame) are going to have to come to roost *sometime*.

I try to diversify (as much as our 401K plan allows) between companies that actually *make* things. GE and P&G may drop 30-40% (pulling numbers out of my ass) but with employer matching and tax benefits that still translates into a net plus.
Famous last RPG quotes: "I'll just shoot this fireball down the dungeon passageway..."
Post #46,240
by ben_tilly
7/20/02 7:37:09 PM
Reply
New Perhaps not so crazy
I agree with you about our government. However until there is a sign of something to cause the markets to re-evaluate that, I will act like the textbooks do and consider short-term treasuries to be "riskless" investments.

Furthermore with my opinion about where real company valuations and worth stand relative to each other, I prefer the less risky investment for now.

Cheers,
Ben
"... I couldn't see how anyone could be educated by this self-propagating system in which people pass exams, teach others to pass exams, but nobody knows anything."
--Richard Feynman
     Why did the economy go bad? - (orion) - (36) - July 14, 2002, 11:56:00 AM EDT
         Re: Why did the economy go bad? - (neelk) - July 15, 2002, 07:07:59 AM EDT
         The economy isnt nescessarily bad - (boxley) - (4) - July 15, 2002, 12:01:33 PM EDT
             Why so many layoffs then? - (orion) - (3) - July 15, 2002, 12:44:17 PM EDT
                 good economy and layoffs are not exclusive - (boxley) - (2) - July 15, 2002, 04:03:29 PM EDT
                     When will the layoffs stop? - (orion) - (1) - July 15, 2002, 06:34:15 PM EDT
                         Then you are tied to that tiny microcosm. - (Ashton) - July 15, 2002, 08:56:15 PM EDT
         Moore's Law - (ChrisR) - (1) - July 15, 2002, 01:36:08 PM EDT
             Tech bust versus general bust - (tablizer) - July 17, 2002, 01:05:07 AM EDT
         The biggest problem in perception: - (static) - (27) - July 16, 2002, 01:59:53 AM EDT
             Everybody keeps forgetting where the pendulum used to be -NT - (tablizer) - (26) - July 19, 2002, 06:39:14 PM EDT
                 It was up high, but now it is swinging the other way - (orion) - (25) - July 19, 2002, 06:48:45 PM EDT
                     No. Valuations are STILL high. - (ben_tilly) - (24) - July 19, 2002, 07:19:19 PM EDT
                         blame the 401k propaganda a lot - (boxley) - (23) - July 19, 2002, 09:43:32 PM EDT
                             There is some truth to that - (ben_tilly) - (22) - July 19, 2002, 09:51:44 PM EDT
                                 But what if it doesn't stop? - (orion) - (21) - July 19, 2002, 10:03:00 PM EDT
                                     buy dirt - (boxley) - July 19, 2002, 10:17:19 PM EDT
                                     Why should I bother doing anything? - (ben_tilly) - (19) - July 20, 2002, 01:54:33 PM EDT
                                         So basically you are saying the air is being let out of the - (orion) - (6) - July 19, 2002, 10:57:55 PM EDT
                                             You are getting somewhat closer - (ben_tilly) - (5) - July 20, 2002, 02:43:15 PM EDT
                                                 I am not looking to make a quick buck - (orion) - (4) - July 20, 2002, 03:35:37 PM EDT
                                                     There is an old saying... - (ben_tilly) - (3) - July 20, 2002, 07:26:58 PM EDT
                                                         I can honestly say - (orion) - (2) - July 21, 2002, 01:25:15 AM EDT
                                                             And I can honestly say... - (ben_tilly) - (1) - July 21, 2002, 10:26:03 AM EDT
                                                                 I can say - (orion) - July 21, 2002, 04:19:13 PM EDT
                                         A couple of things re the market P/E, etc. - (Another Scott) - (11) - July 20, 2002, 09:53:36 AM EDT
                                             I respect that, but disagree - (ben_tilly) - (7) - July 20, 2002, 03:04:02 PM EDT
                                                 Perhaps I'm crazy - (wharris2) - (1) - July 20, 2002, 07:05:23 PM EDT
                                                     Perhaps not so crazy - (ben_tilly) - July 20, 2002, 07:37:09 PM EDT
                                                 You might enjoy Bogle's latest speech. - (Another Scott) - (2) - July 21, 2002, 01:32:34 AM EDT
                                                     I did, thanks - (ben_tilly) - July 21, 2002, 10:20:07 AM EDT
                                                     That was an excellent link. Thanks! -NT - (a6l6e6x) - July 21, 2002, 01:23:51 PM EDT
                                                 So if I'm reading you aright... - (static) - (1) - July 22, 2002, 12:48:59 AM EDT
                                                     Sorta... - (ben_tilly) - July 22, 2002, 08:16:37 PM EDT
                                             what is considered a good return? - (boxley) - (2) - July 20, 2002, 08:50:15 PM EDT
                                                 A secret about analysts on the tube - (ben_tilly) - (1) - July 20, 2002, 09:37:44 PM EDT
                                                     remember granville? - (boxley) - July 20, 2002, 11:17:30 PM EDT

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