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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,783
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Quote:
Originally Posted by red-beard
And who will be hurt by a tanking stock market the most? That group of people who are starting to retire over the next 20 years.
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The market does what it does. Thus the reason why one should reduce his percentages of equities and increase his (hopefully fed guaranteed) bonds as he ages.
Don't get caught with your pants down.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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