09-21-2017, 12:40 PM
Ted King wrote:
[quote=NewtonMP2100]
.....still keep a small portion in the market.....long term it has proven to be the only way to stay 'competitive'......
I'm old. I'm not competing with anyone. My "market" is making sure the money I've saved over a long time is safe.
....you are competing....to get the best return on your money.....if one wants to play it safe than put into bank account and earn the 'paltry' return, however, the stock market is the only place to get 'competitive' return......so if you are o.k. with getting basically no return putting in bank, then do so but leaving some in stock market at least gets you the opportunity to possibly earn a bit more back on some of the money....
.....the choice is yours and whatever makes you feel safer and allows you to sleep at night.....
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I reject your reality and substitute my own!
I reject your reality and substitute my own!