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Re: 20% stock market plunge
Old 05-19-2007, 09:19 AM   #12
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Join Date: Apr 2003
Location: Hooverville
Posts: 10,802
Quote:
Originally Posted by 2B
I hate to admit it but under certain circumstances I would become a market timer.

I started switching to indexing in the late 90's and rode through most of the 2000 downturn. I did go to 50% cash when I was out of work for awhile but I went fully back in when I got anoter j*b.
And of course many of us are permanently out of a job. But I think some don't fully comprehend what that means.

My whole idea about risk changed when I realized that I had been away too long, and getting back as a wage earner woud be a very long shot.

Ha
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