The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/im-not-going-to-give-up-half-the-value-of-my-30873605.aspx

Subject:  Re: Hi gang... wow!!! Date:  9/17/2013  2:07 AM
Author:  Dwdonhoff Number:  72934 of 76420

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.'

Dave Donhoff
Leverage Planner
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us