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Author: ResNullius Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 59675  
Subject: Re: bridging the gap Date: 2/7/2007 10:44 AM
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I left my firm on December 31, 1999, a mere three months before the market started to plunge. After settling down some, the market plunged again after 9-11. I didn't plan on either of these things, so I got a little concerned when my overall portfolio notched a 55% drop in net asset value. Time seems to cure most problems when it comes to the market, though. I think staying the course is the best thing to do when it comes to the market, assuming you had a reasonable investment strategy to start with. I've always been a conservative investor, but I'm still 90% in equities, so I guess that's not too conservative. My entire portfolio is with Vanguard, spread among a group of mostly large and mid-cap funds. As for bridging the gap, I've continued to do a little part-time consulting, so I actually haven't had to draw down anything from my portfolio over the past 7 years. I've been lucky with my part-time consulting...minimal work for maximum return.
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