Quote:
Originally Posted by l2ridehd
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.
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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.
