Quote:
Originally Posted by Craig T
I have no choice. I retired recently with no pension. I can't afford to lose what I've budgeted to live 30 years on...Nor do I have the stomach or time to wait out a correction. I can live with 2.5% and still sleep night. Just another Baby Boomer at retirement age making the flight to safety. Soon we'll be seeing 4-5% on relatively safe bonds. Then I'm golden.
When the rest of the Baby Boomer get the point, 401K's will be leaving the stock market like a bat outa hell. There's a lot more volatility to come folks.
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Spot on imo...I was mostly out (and will stay out) of equities after the dip back in Jan. The market has enjoyed one hell of a nine year bull run....giddyup
. But it's been coming, and now it's here....da BEARS....
.....they could be around for a long time.....but I don't care...much.
LOTS of volatility...trending down, lotsa reasons...