Jan 22, 2020
Most investors, especially in or nearing retirement, seek to
reduce risk while growing capital prudently in the stock market.
Gains are nice, but large drawdowns are sickening, especially in
retirement when you don't have an income stream from a full-time
job and time is no longer on your side.
When time IS on your side, and because most bear markets tend to
last only six months to two years at the most, you are able to
rebuild the value of your account simply by staying put on not
rushing for the exit. The only people who lost in 2008 and 2009
were those who sold at the bottom. The market has some room to run
according to experts, but we all want to keep a good share of money
OUT of harm's way. But are bonds the answer for the safe money side
of your plan? Today, we'll examine why Warren Buffett says
that bonds are a terrible investment. Then health insurance and
Medicare Specialist Shelley Grandidge joins us. You don't
want to miss today's show...MASTERING MONEY is on the
air!!