Quote:
Originally Posted by l2ridehd
And if I was in 100% stocks during that time, so would I. It's all about managing risk. So you set up a balance between stocks and bonds and maintain that balance.
Most people with 100% stocks would have bailed during any big market down turn. So they would have bought high and sold low. A disaster. Go stay in 100% S&P. And I will always beat you. Because you will never be able to stay when your portfolio drops 50% in value. Which the S&P has done.
Not trying to pick on you, but that is really a statement that an advisor might make to you to show you how they could do better. It is really a completely wrong idea.
|
No pick taken...........just threw out a historical number.
