Thank you very much for making this understandable to me. I don’t have any holdings but my elderly mother does and if they go... well, that’s going to be really bad. But she has people that handle things so I’m sure they are reading the same things that FReepers are.
Again, I really do appreciate your time on this complicated stuff.
Tell your mom not to bet the farm on that.
Don’t coount on that. Brokers and IA ‘s are for the most part salesmen that were able to pass an examination or two. Look at her holdings. I would have no more than 20% in dollar denominated bonds, 20% in domestic equities and the remaining 60% split up into foreign equities and commodities ETF’s or pools.