To: bert
A prudent retired investor should have on hand adequate cash to carry through the down marketBut that prudent investor will struggle to make up for the fact that his cash is losing 10% to 20% of its value each year.
33 posted on
09/20/2022 6:11:32 PM PDT by
BfloGuy
( Even the opponents of Socialism are dominated by socialist ideas)
To: BfloGuy
Stocks fell in 6 weeks starting in mid november 2021 by some 1/3rd.
Hard to be prepared for that!
34 posted on
09/21/2022 1:15:55 AM PDT by
minnesota_bound
(Need more money to buy everything now)
To: BfloGuy
No, you are wrong.
The current inflation is 8%, far less than the overstated 20% you try to foist on the forum
35 posted on
09/21/2022 5:37:34 AM PDT by
bert
( (KWE. NP. N.C. +12) Juneteenth is inequality day)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson