Quote:
Originally Posted by pwd72s
Your age is a big factor in this. At 30, one can ride out a long downturn...at 70, not so much.
How long does a downturn last? Not long if you don't need the money. Too long if you do.
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60...with retirement a few years off, elderly parents that may become a $ drain, 2 in college still, etc., seeing markets this high, a possible military action, election cycle starting up, I’m just not sure if Janus fund managers are as cautious as I am. Hedging a bit but struggling to feel confident that the ascent will continue unabated.
A California high speed train...good one!