Quote:
Originally Posted by wildthing
I bought one stock today.
I don't care what the market does in a given day. I only care that it goes up in 20 years.
When I'm closer to retirement I will have cash that I will need for the next 5 years. Everything else is in stock.
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I've been "in retirement" since I Johnny Paychecked my corporate gig 13 years ago... I was 100% in equities (the liquid portion) back then .... losing 40% "again" then was NOT fun, knowing I was leaving behind my major income stream. I endured the huge corrections 4-5 times over decades... then recovered nicely. But no mas .... time ain't always on yer side ...
Just ask Mick
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