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Chocaholic Chocaholic is online now
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Join Date: Aug 2006
Location: Waterlogged
Posts: 23,822
Quote:
Originally Posted by pwd72s View Post
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.
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!
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Mike
“I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll.
Old 06-20-2019, 10:54 AM
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