You are aware that a lot of the mutual funds are heavily invested in
Freddie and Fannie, aren't you?  Be sure yours aren't among them, or
you may find yourself taking a serious loss.  I have a good friend who
is invested in Legg Mason Value Trust.  Last July it was at 80 dollars
a share.  It has since lost half of its value due to Freddie Mac
losses.

On Tue, Sep 16, 2008 at 6:48 PM, Robert Munn <[EMAIL PROTECTED]> wrote:
> I was being cheeky with Gruss. ;-)
>
> I mostly have money in mutual funds that I ride as long-term
> investments. I don't really have any interest in direct investing.

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