How do you manage 'fear'
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[quote=dude]Oh sh*t here comes another one. This time it's not me, I swear.[/quote]
Prove it.
[quote=Devil’sAdvocate]
[quote=joedabrkr]
Oh-and by the way-if you have the vast majority of your ‘real’ money in cash and short term munis, you may not be risking nominal principal, but history suggests that you ARE taking a significant risk in purchasing power. Actuaries will tell you that either your or your spouse(poor woman must have the patience of a saint) have a better than 50% chance of living long enough to see your cost of living more than double.
[/quote]
Have you ever heard of inflation? Ever looked at an Ibbotson chart?
If one invests in short term maturies how are they taking "significant risk" in purchasing power?
[quote=Devil’sAdvocate]
[quote=dude]Oh sh*t here comes another one. This time it's not me, I swear.[/quote]
Prove it.[/quote]
I think it's Put Newbie again.