yes ... I retired early in 2006 and had 2/3 in stocks ... down 45% after the crash ... went all in on margin in March 2009 ... recovered all losses ... not only did I fund all living expenses and a large capital budget, I have more invested now than in 2006 ...
Depends on WHEN you're retiring and what your OTHER sources of income will be - pension, SS.
Note that most people with plain vanilla equities portfolios (broad market index and sector index funds) who reinvest divvies should be up about 30% from the end of 2007.
Also note that divvies were not affected much by the crash so if you were an income investor you made out OK, despite interim principal decline. Same should hold true now.
Definately, but I probably won't retire until 30 more years. It would certainly make stocks cheaper to buy more of, but I'm sure the Fed will ensure that we have a couple more asset bubbles before my retirement though.
I am retired since 1996 and didn't take a hit at all. I simply held and continued buying as always. Nobody that understands equities and how to invest in them lost. The portfolio that supports us is doing fine. Folks that don't understand that markets go up and go down should stay away from ALL equity investments.
Government spending propping up this house of cards.....
If the peak of the recovery is 8% unemployment and $1.2 annual debr with 2% growth......
G0d help us all in the next recession !
I believe the gov is preparing for not only a dollar crash,but a stock market crash,and bank holiday.The DHS,SS,hollow points Dem gun grab,401K confiscation are resurfacing.What would Americans do if suddenly 1 million on paper was worthless?Or you were told heres your new Zimbabwe bucks,bread is now a million dollars a loaf?We are all connected to dirrivitives and shadow banking.When it all implodes is anyones guess.So Ben just keeps kicking the can printing,and bails out banks all over the world.
What would Americans do if suddenly 1 million on paper was worthless?Or you were told heres your new Zimbabwe bucks,bread is now a million dollars a loaf?
You could pay off your mortgage with a loaf of bread. But you won't be able to afford to heat it. Thank God for global warming.
Sentiment: Strong Buy