The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Hi gang... wow!!!||Date: 9/17/2013 2:07 AM|
|Author: Dwdonhoff||Number: 72934 of 76610|
I'm not going to give up half the value of my investment portfolio to an insurance company in an attempt to cover this risk.
She simply named a single unique hypothetical... but the reality is there are thousands of very real 'improbable' catastrophic events that strike otherwise perfectly normal people with perfect normal insufficient reserves that force them to liquidate while underwater.
If a proposed strategy is vulnerable to that without sufficient reserves, its not a serious retirement plan. Maybe a fun gambling plan, but not 'retirement.'
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|