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Old 04-05-2007, 01:25 PM
SpeakEasy SpeakEasy is offline
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Join Date: May 2004
Posts: 478
Default Terrorism and Investing

Immediately after 9/11, the markets dropped drastically, but recovered.

I have assumed that another major terrorist attack in the U.S. is inevitable, that it will be roughly on the same scale as 9/11, and it will have the same immediate but temporary effect on the markets. The only question, in my mind, is when it will happen.

A person could hold a significant chunk of cash in reserve for just such an event, to invest immediately after another attack.

Is this wrong?
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