Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: obenation Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 52  
Subject: Re: Aggressiveness Date: 3/22/2007 1:21 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 2
Hey Mark,

Thanks for the response. I agree, and maybe I used the wrong word. I guess what I meant - and I think you are saying something along the same lines - is that we can tolerate ups and downs more than someone with an outlook of only 5-10yrs. For them, a big hit in yr 2 or yr 3 might take their remaining time before they need the money just to recover to where they started.

But you know what. In writing that, I actually have a hard time thinking like that. I'm 26. I have no idea what I'll need when I'm 36, yet alone 66 or 76. Should I be aiming for a 15% CAGR by age 36, or a 15% CAGR by age 66? Should I start to divide up my money between long long term savings and just intermediate term (say 10 yr) savings? I guess I already have because I have about 10% or 15% of my liquid assets in a Roth IRA.

Sorry, that was a little bit of a ramble. But I guess I just don't really know what's a smart way to plan for so many different eventualities.

Anyway, would love to hear your thoughts.

Ollie
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement