Quote:
Originally Posted by l2ridehd
These facts prove my point. In the 2008 recession the DOW and S&P both fell over 50% while this mix fell only 18%. And he failed to mention that since 2008 that mix has recovered 200%.
If you need the money today buy CD's. Best rates are from places like Ally on line banks. Do a ladder of 1 through 5 year CD's. They even have a "raise your rate" CD if rates go up. If you have 10 years or more of income requirements then a broad mix of low cost index funds is the best answer.
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Nicely stated.
Yes, the stock market took a hit, but it has rebounded plus, plus, plus.
"You" should always have $$$ short-term for your ST needs, which will carry you thru any down turn.
After every down turn, there has been an up turn........eliminating the down turn.
