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Re: 20% stock market plunge
Old 05-19-2007, 10:57 AM   #16
Give me a museum and I'll fill it. (Picasso)
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Join Date: Jul 2003
Location: north of Kansas City
Posts: 6,189
Pssst - Bear Bryant the budget and Norwegian widow the portfolio.

1966 - 1982 was a chewy little flat - but I was working in those days and doing 'strange stuff' untill 1977(Index fund 401k) - gold coins, timberland with Spotted Owls, Vanguard PM and International, Putnam closed end foriegn bonds, etc. etc.

Pssst - Wellesley and chasing wild wild women in Seattle, Denver and New Orleans seemed to work well - until I settled down/she made me an offer I couldn't refuse/ran out of gas/got older/what was the subject again?

Yep - scrub the budget and check the current yield of your portfolio if it looks like 'hard times' may last a while. Party when the sun comes out again.

heh heh heh
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