Ten-year future vs. 10-minute tickBY BENJAMIN ONG | TUESDAY, 13 NOV 2012 10:00AMAll of them provided great entry points for the brave and those looking at the 10-year future and not the 10-minute tick. |
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Hi Ben, agree the ten year time frame will work out. However, I work with recent retirees and people approaching retirement. For them the short term is very important as negative cash flows (pension payments) in a falling market early in retirement (when the asset is biggest) are detrimental to a sustainable retirement income plan. Just saying these people are in a very tricky situation.