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Subject:  Re: Asset Allocation Date:  7/31/2005  11:45 PM
Author:  wastelander Number:  47100 of 78166

What do you do if there IS another market crash? (Its all about managing risk, after all.)

There are other risks:

Inflation: What if there is no market crash but inflation really takes off?

The pension plan is terminated: I know people this has happened to. Pensions are at the sole discretion of the company. (social contracts be dam*ed, there's always the fine print...)

Frankly, I'm saving as much as my 58-yr-old bones allow and not counting on any pension plan or Social Security. I'm very