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snappy,
T Rowe price short term bond fund. Been around since 1984. 3 year return is 5.19%, 5 year 4.33%, 10 year 4.93% with low volitility as it invests in paper with less than 3 years to maturity and mostly govt or AAA rated paper. Due to time value of money 3 year paper sees less volatility than buying longer term maturities.
The other issue is how old is Snappy’s mother? If she’s of a certain age, she should be mostly in fixed income (where there are funds for that which preserve capital) and not really have much in stocks, unless we are talking money that will be left to heirs.
This is what makes up most of fiduciary responsibility.
snappy,
T Rowe price short term bond fund. Been around since 1984. 3 year return is 5.19%, 5 year 4.33%, 10 year 4.93% with low volitility as it invests in paper with less than 3 years to maturity and mostly govt or AAA rated paper. Due to time value of money 3 year paper sees less volatility than buying longer term maturities.
I bet legion would agree that smoking is bad all the time, but that sex can be made somewhat less risky than smoking.
Posted by: denton at March 12, 2010 2:01 PM
denton,
If it’s the smokin’ Penelope Cruz, then puff away my friend.
“And Charlie Brown’s teacher reads for slopefarm ;)”
jb — you guys tune me out that much?? mwa mwamwa mwa mwa mwa mwa mwa mwamwa?
PS — Penelope Cruz lacks your sultry accent.
bad headache!! anyone have opiates?
“If it weren’t for the Beatles, there’d be no Apple.”
If it weren’t for the Beatles, there’d be no Strawberries.
http://www.youtube.com/watch?v=-7NoOhmVMac
And Charlie Brown’s teacher reads for slopefarm 😉
The other issue is how old is Snappy’s mother? If she’s of a certain age, she should be mostly in fixed income (where there are funds for that which preserve capital) and not really have much in stocks, unless we are talking money that will be left to heirs.
This is what makes up most of fiduciary responsibility.
thanks Slopey, There I go skimming, again!
I think Snaps Mom might just like a Money Market account.
No actress to read my part.
There’s no dialogue for me, just action scenes.