Well, I don't believe that so much of my portfolio would have been invested the way it was if I were near to retiring. So there wouldn't have been that inherent risk you have with stock investing. I also likely would have been more conservative (only about a 10th of my portfolio was in cash)...had I not had other savings vehicles outside that retirement portfolio.
Typically they say most people are overly conservative -- those folks could be considered prudent in today's market.
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Well, I don't believe that so much of my portfolio would have been invested the way it was if I were near to retiring. So there wouldn't have been that inherent risk you have with stock investing. I also likely would have been more conservative (only about a 10th of my portfolio was in cash)...had I not had other savings vehicles outside that retirement portfolio.
Typically they say most people are overly conservative -- those folks could be considered prudent in today's market.
toots...
A couple points.
1)
"looking for a place to live after being foreclosed on."
KAREN
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I agree home owners are responsble.
toots, I long ago answered your main point:
income tax cuts are not welfare as long as the individual doesn't receive back more than they paid in as income tax.
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"Most"?
In a perfect world.
"unlike Obama the class-hater"
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