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07-25-2025, 02:23 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,870
Thanks: 14,320
Thanked 5,108 Times in 1,955 Posts
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At my age I am more concerned with holding on to what I have accumulated than risking a significant portion of it for high gains. One never knows when another Black Swan will appear. Remember the early 1970s bear market, dot.com bubble and what happened in 2008?
Black Swan in the Stock Market: What Is It, With Examples and History
1973–1974 stock market crash - Wikipedia
Dot-com bubble - Wikipedia
2008 financial crisis - Wikipedia
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"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
Last edited by manaboutown; 07-25-2025 at 02:31 PM.
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