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Investing/Strategies / Retirement Investing
|Subject: Re: Wht Say You All Here....||Date: 7/17/2013 12:41 AM|
|Author: gdett2||Number: 72621 of 75340|
If you have a properly structured portfolio and cash position, it will carry you through a 3 year event easily without requiring any sale of distressed assets. Normally you should have a 5 year cushion of cash/near-cash to pay expenses, a CD or bond ladder or some other method that preserves value.
Now the articles: I have read too many articles about impending doom and gloom over the years. A couple actually did correctly pick an event to some extent. I count that more as shotgun forecasting. If you continually predict a market drop, over and over again, you can claim success when the .13% of the prognostications is actually correct.
I make cash/near-cash in times like this, rising markets. I keep enough on hand to weather a storm. It worked more than fine in the 2007 to 2010 sag.
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