Talk of The Villages Florida - View Single Post - Has AnyonPurchased This Annuity?
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Old 07-19-2018, 07:32 AM
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dewilson58 dewilson58 is offline
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Quote:
Originally Posted by l2ridehd View Post
Yes, stocks lost 50% in 2008. But have since recovered by 180%. By maintaining a correct asset allocation between stocks and bonds, in 2008 my portfolio went down 24%, not 50%. And over the past 30 years I have had 8.3% average return with significantly lower risk then any annuity. And you only lost money in 2008 if you sold your stocks. If you didn't sell, you lost zero.
Agree with post............the key is having cash (not invested, but can use CD's) equal to a couple years of living expenses. This way you don't have to dip into your investments during a down market.