The need (?) for disaster hedging

[Bikerdude]

Quote:

Originally Posted by pedorrero If you say "impossible," may I direct your attention to the decade of the 1970s? It was a lousy time for stocks and bonds.

And I guess you have to mention "The Great Depression". In case you've never met someone who survived those years they are the ones you have over for chicken dinner and when done have only a clean plate and a neat stack of bones in front of them.


Now that being said, a balanced portfolio coupled with a 3 to 4% withdrawal rate survived even that period. So I think most of the "worst case” has already happened, however I don't have a problem with someone keeping 3 or 4 % in coins or ammo if it helps you sleep at night.

[haha]

Quote:

Originally Posted by Bikerdude So I think most of the "worst case” has already happened, however I don't have a problem keeping 3 or 4 % in coins or ammo if it helps you sleep at night.

How would your having 3 or 4% in coins or ammo help me sleep at night? Are you offering a protection service?

Ha

[Bikerdude]

Quote:

Originally Posted by HaHa How would your having 3 or 4% in coins or ammo help me sleep at night? Are you offering a protection service? Ha

Ha, Ha. Ha, very funny.

[CybrMike]

Gas masks, bullet proof vests, guns & lots of ammo. +Real estate for income.