Elizabeth Richardson wrote:
> "joetaxpayer" <joetaxpayer@[EMAIL PROTECTED]
> wrote in message
> news:Gtudnb0Ugu_nf0LanZ2dnUVZ_h-
>
>>Elizabeth, 'fixed income' is too generic for me to be comfortable with
>>your response. Given the events of the last few months, I'd not offer
any
>>confidence level without knowing the make up of that fund.
>
>
> Joe, her fear is whether or not JH will go belly-up. She is an employee
of
> JH. While I understand that things in the fixed income market have
changed
> in the past year, her fears are the same as a year ago. She works for JH
and
> somehow she is being made to feel, as an employee, that the company is
not
> doing as well as their financial re****ts indicate. My response to this
> particular poster is not original: We have nothing to fear but fear
itself.
>
> Elizabeth Richardson
Ok, now that I sorted on 'sender' I see the old threads. She was no
longer with JF, and asked about rolling to an IRA. For a self-described
nervous investor, she left herself in a 401(k) when an IRA holding
government notes/bonds would have been better for her risk tolerance.
While I agree that one needs to view the fund manager's stock as
distinct from the funds themselves, I still need to be cautious with any
fund using the words 'fixed income'.
Joe
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