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Leave your mother alone! One must feel comfortable with one's investment strategy.

I'm in the process of watching my stock portfolio melt by 30% since its high in early March. I fully expect more damage to come. Do I like it? No! Do I feel comfortable with it? Yes!

Like many veteran early retirees, our home is paid-off and our fixed expenses are a small percentage of our total expenses.

We have a five-year cash portfolio that funds our mostly variable (discretionary) living expenses. This means I can take a 60 month bear market without batting an eye. I don't think this one will last that long.

If it does, however, we eat out, party, and vacation less. Right there we save about $1,000 per month. We can fire the maids and garder if necessary and save another $700 per month. And if worse comes to worse, the kids go to public schools (save another $300 per month) or I polish up the old stethoscope and go back to work.

Oatmeal for breakfast and rice and beans with vegetables or salad for lunch and dinner could also be come part of our money saving program if it really gets bad and I can't find a job. We could also mothball our cars and take public transportation for another $200 to $300 a month in savings.
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