Replies to post #45220 on A.I.M. Users Bulletin Board (AIMUSERS)

[Toofuzzy]

Hi Clive

I find your advise has been given for a VERY long time.

“Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep by him in reserve.” So it is written in the Talmud, a record of debates among rabbis about Jewish law dating as early as 220 C.E. In investment circles, this quote is well known.

So substitute land for gold. At that time I am sure gold was the Treasuries.

Toofuzzy

[The Grabber]

Hi Clive. It's been awhile.

Still catching up and ran across one of your posts from last year...

With recent good stock gains, now might also be a appropriate time to consider taking some off the table. Buffett for instance who typically AIM's with 10% cash reserves, is more recently aligned to more like 30% reserves..

Buffett uses AIM?

That's good company to keep!