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Re: 20% stock market plunge
Old 05-19-2007, 11:20 AM   #18
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Join Date: Jul 2005
Location: Los Angeles area
Posts: 976
I would make no changes at all. I have stayed at 100% equities since
1993, and retired last year at 48 on the dividends. I consider market downturns
to be irrelevant (to me). If several of my stocks started slashing dividends then
I would get concerned, but I think the odds of GE / JNJ / PG / KIM / GGP / WRE
etc. cutting dividends as a group is small. Even so, I could live on 1/2 the
current dividend flow if I had to.
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