eta2020
Thinks s/he gets paid by the post
- Joined
- Sep 13, 2013
- Messages
- 1,248
There are always dueling articles on the bull case versus the bear case. It's generally just noise and nobody has shown a good record of actually calling the market tops and bottoms.
If you go by the Fed, the stock market should me much, much higher at current interest rates. People know that the low interest rates will eventually go up but the question is "when?" With this concern, there is enough concern to not run stock prices up too far above where people think interest rates may go.
The secret to retirement survivability is to be able to adjust. Have enough fixed income to let you weather any rational storm in equities. Don't have maturities so far in the future that you can't take advantage of rising rates. Finally, have a plan to reduce expenses.
I'm a chronic OMY-er. This is my last year. Yeah! I really, really mean it this time.
+1
Exactly. With long term view you should ignore both bull and bear market predictions and stick with your AA.