Recent content by PatrickHenry

No, I just have an aversion to buying overvalued investments. IMHO, that describes most of the asset classes as of 7/6/2011. Having high cash balances gives me the flexibility to respond to better prices down the road (which I believe is inevitable).

I believe means testing is a virtual certainty for SS. Let's face it, all us "rich" people are reviled by those pushing for a statist, socialist government. Someone mentioned "busloads" of senior citizens descending on Washington if this is proposed. Really? More likely it will be busloads...