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Philip Morris International, Inc. Message Board

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  • gollywogazoo gollywogazoo Oct 23, 2008 8:32 AM Flag

    Hedge funds are liquidating. Their losses

    interesting point regarding annuities. I also have noticed a lot of investors moving into these assets - especially people close to retirement. People want a guaranteed income stream...our stock markets once again demonstrate that they are a very dangerous place to invest your money. Still it's a shame that that old Wall Street mentality of throwing the baby out with the bathwater still endures. Fear, panic & greed rule.

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