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Brown Cafe UPS Forum
UPS Union Issues
Central States Net Assets Down $3.063 Billion In First Six Months Of 2008
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<blockquote data-quote="mrvngrdns" data-source="post: 383866" data-attributes="member: 7204"><p>I'm not critical of anyone's investing approach, you have to do what helps you sleep at night, and if being ultra-conservative is good for you, so be it. But you have to realize that inflation is eating up your savings, because it's growing much faster than any interest that your money market account pays. And it's ludicrous to suggest that a pension fund limit it's investments to such an approach. I do believe that they should be conservative by nature.</p></blockquote><p></p>
[QUOTE="mrvngrdns, post: 383866, member: 7204"] I'm not critical of anyone's investing approach, you have to do what helps you sleep at night, and if being ultra-conservative is good for you, so be it. But you have to realize that inflation is eating up your savings, because it's growing much faster than any interest that your money market account pays. And it's ludicrous to suggest that a pension fund limit it's investments to such an approach. I do believe that they should be conservative by nature. [/QUOTE]
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Central States Net Assets Down $3.063 Billion In First Six Months Of 2008
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