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Reply #2: Thanks. As we are getting closer to retirement I am forcing [View All]

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question everything Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-14-09 02:33 PM
Response to Reply #1
2. Thanks. As we are getting closer to retirement I am forcing
myself to be closer to the 50/50. In the summer of 2007 with one of my IRA (a former 401K) I was 90% stock. I switched to closer to 70/30 or 60/40 and for a while watched with chagrin as the market continued to rise. But since then, I was so glad that I sold "hight" and moved funds to bonds and money market funds so the "blood both" sent us "only" to 2004 instead to 1997.

As you, or perhaps someone else, commented: one has to preserve return of capital, not on capital..

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