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Re: molly post# 58824

Thursday, 12/26/2002 10:39:58 AM

Thursday, December 26, 2002 10:39:58 AM

Post# of 704041
I would stay away from treasuries and especially mortgages. Mortgage securities will be the next big bubble to pop IMHO. I have some money in 2 SHORT-TERM corporate bond funds -- STHBX and VFSUX. Most of the bad news is out for corporates and the spreads verus treasuries are very wide.

But my 401k fixed income is NOT a bond fund. No risk to participants. Like a money fund paying a guaranteed rate of 5% for the year.


“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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