Vol_Doc
Vol in "The Ville"
- Joined
- Jan 26, 2011
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Before his big mouth was just irritating, now it's costing his supporters where it really hurts.
Are his Rasmussen approval ratings still at 50%?
There are a few absolute truths about the stock market. One, it goes up. Two, it goes down.....and three, it will be higher in a few years than it is now. No matter who is in office.
They shouldn't be in the market if they can't afford to take a big loss, then. Answer 3 questions for me if you don't mind, without googling. From 1900 until 2010:I was just making a prediction. I have a good 20 years before retirement, and I'll be fine. There are others who are in greater immediate need of funds who will be hurt by this, though.
They shouldn't be in the market if they can't afford to take a big loss, then. Answer 3 questions for me if you don't mind, without googling. From 1900 until 2010:
1) How often did the stock market have a 5% correction?
2) How often did it have a 10% correction?
3) How often did it have a 20% correction?
I am in retirement and have a significant amount in bonds. Everybody should have enough cash equivalent to last them through a couple of bad years until the market comes back.I think he's referencing people that are very close to retirement. Although if they are they should be more in bonds than stocks.