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Re: The Duke of URL post# 7302

Wednesday, 10/15/2003 5:43:33 PM

Wednesday, October 15, 2003 5:43:33 PM

Post# of 151692
Duke, my sister was recommended by a "financial professional" friend of hers to allocate in very safe, fixed-income funds for her 401k. I told her to ignore her friend's advice and put a big fraction of her funds into an S&P500 index fund. Yeah, it's risky, but she's younger than me and she can afford to live a little.

This whole CYA thing is getting to be a little overdone. I'm not saying Fleck in that position, though, since he might have a little bit of an ago behind his perma-bear stance.

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