Quote:
Originally Posted by wdfifteen
I'm 67 and I've reduced my equities holdings to less than 50% of my portfolio for that very reason. I don't want to be eating cat food while waiting for a market recovery.
Not buying any green bananas either.
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Same here, I'm 71 and over the last 4 years have reduced exposure to equities from 80+% to 40+%. Yes, I have missed some of the run-up but I sure as hell sleep better at night. Having gone through every market "crash" since 1980, I just don't want to do that anymore. Always before I thought just hang in there and it will come back and it has but I just don't feel that way anymore... Tabs just may be right
