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Author: gdett2 Big red star, 1000 posts Old School Fool Ticker Guide Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75375  
Subject: Re: Wht Say You All Here.... Date: 7/17/2013 12:41 AM
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AngelMay,

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.

Gene
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