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<blockquote data-quote="Old Man Jingles" data-source="post: 4402573" data-attributes="member: 18222"><p>Your logic is defective.</p><p>My statement and your reply are disconnected.</p><p></p><p><span style="font-size: 15px"><strong>$8.6 Trillion - </strong></span>The amount of assets managed by public and private-sector pension plans in the U.S. at the end of 2018, according to the Investment Company Institute.</p><p></p><p>That means that a 30% investment in quality high yield stocks (typical of a pension fund) is still 2.5 Trillion.</p><p>Maybe not half but still considerable.</p></blockquote><p></p>
[QUOTE="Old Man Jingles, post: 4402573, member: 18222"] Your logic is defective. My statement and your reply are disconnected. [SIZE=4][B]$8.6 Trillion - [/B][/SIZE]The amount of assets managed by public and private-sector pension plans in the U.S. at the end of 2018, according to the Investment Company Institute. That means that a 30% investment in quality high yield stocks (typical of a pension fund) is still 2.5 Trillion. Maybe not half but still considerable. [/QUOTE]
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