Quote:
Originally Posted by widebody911
<PARF>According to the Republicans, corporations are suffering and need an immediate 50% tax cut</PARF>
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^^^I know. Especially the poor banks, suffering so
I mean jeeez, the CEO's of BofA and Wells Fargo only combined for just over $50,000,000 in income last year with free use of the company jet. Who can live on that?
I retired this year (58) and my wife has almost two years to go. We have no pensions and 75% of our saving is in 401K and other qualified plans. I watch and worry about my 401K like my first born in surgery. I've gotten out and back in twice in 12 months (like an idiot). Can't walk away from these gains, but afraid the bubble is going to burst fairly soon. Like others, I don't have the years left to wait out a correction.
Now I have everything in a low-fee Vanguard balanced fund ("VBIAX"). At 70/30 allocation, the highs aren't as high, but the lows won't be as low either...and I can get out at the first sign of trouble. I hope!
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Craig T
Volvo V60 - Daily Driver (I love it!)
997 Turbo - FVD Exhaust, GIAC Tune - 542 dyno hp on 93 oct
1972 Chevy K-10 Pick-Up Truck Hugger Orange
