Posted AT 5:14 PM EDT on 03/11/05
Time to stash cash?
After the dark days of October, some people may be tempted to stuff what's left of their investments under a pillow. They're not alone.
Several big-name strategists, betting on further lacklustre stock performances, are recommending investors keep a larger chunk of their holdings in cash.
It comes after Canada's S&P/TSX composite index fell 5.7 per cent last month, led by a decline in energy stocks. The Standard & Poor's 500 index, meantime, shed 1.
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| Market | Change | Value |
|---|---|---|
| Data delayed 20 minutes | ||
| S&P/TSX | +156.14 | 14,984.20 |
| DJIA | -5.86 | 12,986.80 |
| S&P 500 | +1.78 | 1,425.35 |
| Nasdaq | -4.88 | 2,528.85 |
| Stock Profile | Sponsored by: |
|---|---|
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