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re: Dow Jones At 6763 .. Obama Time Is Gaining Momentum

Posted on 3/2/09 at 2:44 pm to
Posted by F Head
On a boat
Member since Dec 2008
1896 posts
Posted on 3/2/09 at 2:44 pm to
quote:

When should I just start putting money under my mattress for my retirement instead of my 401K Rag?


If you do that, inflation may render your retirement stash little more than a large pile of rolling paper.
Posted by Colonel Hapablap
Mostly Harmless
Member since Nov 2003
28791 posts
Posted on 3/2/09 at 2:46 pm to
quote:

If you do that, inflation may render your retirement stash little more than a large pile of rolling paper.


IF we get massive inflation. If we instead get massive deflation, his cash pile will be the one of the best available investments.
Posted by Cash
Vail
Member since Feb 2005
37254 posts
Posted on 3/2/09 at 3:13 pm to
quote:

If you do that, inflation may render your retirement stash little more than a large pile of rolling paper.


A zero % return kicks the crap out going long on equities for the past 10 years.
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