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Yes, over 115 years, the markets have gone up. But, most of us don't have that long. A two year tumble could be devastating to those who are planning to retire soon, and there are plenty of them in the chart above. At some point it's logical to become more conservative. I've got 7 or 8 years before retirement and a lot can happen in that time. All a matter of perspective.
If I was 30, yep, all in. Now, not so much.
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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.
Last edited by Chocaholic; 08-01-2017 at 10:43 AM..
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