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vt90

Joined: 12/12/1998 Posts: 44906
Likes: 24266


Totally agree ...


I've got many friends that are almost entirely in equities in their 50's and they are paying a steep price. May had 2-3 years to their retirement timeline. I was at about 65% equities when this mess started and I am quite certain my projected retirement date is slipping. I don't see a quick bounce back to this situation. Oil over $108 per barrel is going to put pressure on absolutely everything and there is increasing resistance domestically and globally to fixing that problem.

(In response to this post by RoswellGAHokie)

Posted: 05/05/2022 at 3:19PM



+2

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