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In early 2008, I made a retirement plan based on what I thought would be the value of my portfolio. In late 2008, I revised that downwards as it looked like I would have no more than half. Now, it is back to essentially what I had originally planned. What a roller coaster we have been on!
I am glad (now) that we have experienced the recession, because I saw what it did to my portfolio and what my reactions were. I was able to hang tight and knowing that about myself is a huge relief.
If it happens again, I will just hang on for dear life like last time and hopefully make it through.
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"Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harborless immensities." - - H. Melville, 1851
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