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Captain_Jack

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Captain_Jack

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Re: Joe Stocks post# 79272

Sunday, 02/23/2003 12:43:50 PM

Sunday, February 23, 2003 12:43:50 PM

Post# of 704019
Joe---- very few of my employees are 100% in stock funds. Those that stayed are in their 20s - early 30s,, and all have reduced the % of contribution going to stock funds. Other than those close to retirement a smaller % of stock holdings was moved than I would have thought,, most are sittiing on a much higher % of cash than the 5% mentioned,,, Many MF charters require them to be fully invested,, a dumb move..and reason some fund buyers are looking at 'balanced' funds.
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