Zeev's Turnips Patch-No Politics (ZEEV)

[Bearmove]

>>Wrong.....Very few are fully invested here.<<
BM, I have to disagree with you here. Everyone of my employees have kept their 401K contribution distribution the same as the market has gone down. I would imagine that most employees elsewhere have done the same. Also, mutual fund cash levels last I saw them are running about 4.5%. About the same as they were in 1999. Money has flowed into money market and bond funds but with the more conservative nature of today's market I wonder how easily it will be reallocated to stocks.<<<


The question is where are those 401k dollars going into? Many people are now putting 401k funds into bond funds. Also, alot of cash is sitting in money markets waiting for a home.