Share this on:
About this iReport
  • Not verified by CNN

  • Posted August 5, 2008 by
    This iReport is part of an assignment:
    Are you a Millionaire in the Making?

    More from blossom

    Rhino phobia (Fear of Cash)--A Bad Disease for an Investor

    Rhinophobia is an investor’s disease: the dread of having any cash. The rhinophobic feels that all of his or her ’’stock money’’ must be fully invested at all times. Let’s say you are an individual investor and have settled on an asset allocation of 60% stocks and 40% bonds. If your total investable money is $100,000, then $60,000 is your ’’stock money.’’ Question: Should all of your stock money always be invested in stocks? If you answer "Yes," you have rhinophobia and should see a doctor. Or just read the rest of this article. Because the better answermore likely to keep you financially healthyis "No." Read more

    What do you think of this story?

    Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
    Be and editor! Choose an option below:
      Awesome! Put this on TV! Almost! Needs work. This submission violates iReport's community guidelines.


    Log in to comment

    iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.

    Add your Story Add your Story