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Subject:  Re: New to Investing at 58 Date:  4/12/2011  8:45 AM
Author:  JLC Number:  68878 of 81362

Many people have mentioned risk tolerance. The problem is, most people over estimate their tolerance. You don't really know until you live through it. I used to think I had a high tolerance until the crash about 10 years ago. Then I realized I don't have to hit homers, a bunch of singles will do just fine.

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