To: jwh_Denver
It's definitely not an easy call. I agree diversifying out of gold is wise (even though I am heavily concentrated in PMs). Given the uncertainty in the economy and historically low interest rates, I would be wary of chasing yield by investing in corporate bonds with lower credit ratings or buying longer durations. Keep it short and safe, and wait it out, would be my strategy. If you need income, maybe consider the energy sector. That's my $.02.
16 posted on
02/04/2004 6:23:06 AM PST by
Soren
To: Soren
If you need income, maybe consider the energy sector.
That would be my first choice but Oppenheimer does not have a fund devoted to energy stocks. If I had a chance to talk to one of the big dicks there I would tell him they should.
The big O has a few other bond funds which would be better than MM but not by much. Really appreciate the info.
17 posted on
02/04/2004 9:53:32 PM PST by
jwh_Denver
(The gold ship is coming to a port near you. Jump on!)
To: Soren
Turns out the Big O does have an energy fund, it's just not called that. My wife is going find out which one it is.
18 posted on
02/05/2004 9:58:36 PM PST by
jwh_Denver
(The gold ship is coming to a port near you. Jump on!)
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