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This is terrible, but that dude, Don Wheeler, absolutely should not have had that much assets in assets like stocks at such an advanced age. As you get older y
by rjbwork 9y ago
This is terrible, but that dude, Don Wheeler, absolutely should not have had that much assets in assets like stocks at such an advanced age. As you get older your asset mix should shift towards more low gain and high stability investments, like bonds, T-bonds, and other stable fixed-income asset classes.
Or, so I understand.
- gt_ 9y agoI had the same thoughts. Also, his story highlights the impact of divorce and rising trends of solo living arrangements.