On Mon, Apr 05, 2004 at 10:41:28PM -0500, The Fool wrote: > If you consider 38years 'not too many years'.
Yes, I do. If you are investing is stocks now, 38 years isn't that long because the market is at historically quite high valuations. For example, I would NOT advise 100% equities for anyone who plans to need the money within 50 years. And you and Dan didn't really catch my point which was more that the fund is going to go negative than the exact date that it happens. That means it will be paying out significant portions BEFORE and up to that date. That means that they should NOT invest all the money in 30 year bonds. But as Dan's link showed, they haven't :-) -- Erik Reuter http://www.erikreuter.net/ _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
