There were a LOT of people who should have known better who got caught with little cash and all stocks when this went down. People who were too old to be mostly in stocks still. Good financial planners will give you a % that should work in most circumstances.
If you’re too old to see a good market again should that take 5 or 10 years, you were too old to be in stocks to begin with unless you can stand to lose most of what that nugget is.
With your plan, who pays the catastrophic medical bills for those cleared to go back to work if they get sick enough to need hospitalization?
Atlanta Mayor tells #cbs46 News ICU units in hospitals across the city are at capacity #BREAKING #Exclusive on @cbs46 pic.twitter.com/atX2Pwbm4g— Phil Landeros (@PhilLanderos) March 24, 2020
It goes back to a simple, basic question: do you want to work next to someone who has this disease?
I know my answer.