About Ready to Give In to....Resignation

[OAG]

Quote:

Originally Posted by REWahoo OAG, you know you won't be buying any stocks. You won't give up your CD's until they pry them from your cold dead hands...

True! Hope I keep them for a long time too.

[SteveL]

Investing isn't gambling, but they share one thing in common; participants must understand their own tolerance for risk. Going all-in means you can lose it all if you play Texas Hold-um. As a retired person with a 55/45 equity/fixed ratio before the market went south, I have to seriously consider whether to re-balance next year or to what degree. I'm living off the fixed and plan to continue to do so.....

[Finance Dave]

I agree with Ha.

Another thing to consider is real costs. You mention making 3-4%, but if inflation is 5%, you are actually losing money each year in real terms. Equities have traditionally been the way of beating inflation, and this is why I think I'll always own at least a small portion of equities.

Dave