Conrad,
I should have said "don't run out of cash too early" which is what RYTNX from 6/22/2000 to 11/22/2003 would have done to anybody not starting with nearly 90% cash. It is the most important thing to do, run out at the right time. Tom's advice of 40% cash for new funds or stocks seems pretty reasonable, since RYTNX is SP500 x 2, then 2 x 40% would be a start of 80% cash position in a new RYTNX AIM guided account. I know 50/50 is way off,, been there done that,, Firebird