Talk of The Villages Florida - View Single Post - Itsa one way street
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Old 10-08-2008, 12:10 PM
rshoffer rshoffer is offline
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Quote:
Originally Posted by SteveZ View Post
After the Dot.Com's tanked in July 2002, the Dow went down to 7750. So, as bad as it is, it was worse and did eventually recover...
I was 52 in '02. As we get older we feel like we're less able to wait for the recovery. It took 16 years to bounce back from the Depression. No problem if your 30... big problem if your 60. I've listened to my financial advisor and have sat tight through this but I gotta admit, not without some hand holding.