I heard last night that Greenspan has NO stock investments

[Canuckistanian]

Is this true?

[billyoc]

1. At his age? I doubt it.

[Canuckistanian]

6. I heard it from an economics professor on a RW radio show

But from the responses downthread, getting out of stocks probably isn't a bad idea once you've already made your money.

[SoCalDem]

2. He probably cashed out years ago..

Maybe he was not allowed to own stock when he was Fed Chair..and sold them before that..:shrug:

I think he & Mrs Joker will be just fine ..:)

[supernova]

3. As you age,

(and theorhetically increase your holdings) the rule of thumb is to switch to more conservative investments. Stocks are obviously considered more risky than say mutual funds or bonds.

At His age, it makes more sense to have more stuff like bonds where the fluctuations in value aren't as great as they are in stocks. So, it could be true.

[izquierdista]

8. At his age

It should be in small plots of real estate and marble slabs.

[RDANGELO]

4. Neither do I;

99% of my 401k is in bonds. The country is almost 10 trill. in debt. We are dependent on foreign oil which is depleting. I can't believe more people didn't see this coming.

[LeftHander]

5. DIng Ding Ding...went to bonds four years ago.

Saw all this crap coming too...I knew that BushCo would bankrupt this nation. When Bush won second term the first thing I did was to shift out of stocks into stable bond funds.

[flor-de-jasmim]

7. It could also be that he owns no COMMON STOCK but has, for ex., mutual funds.