3 ms·
The people who cannot suddenly lose 20% should not be so heavily into equities. If you're getting close to retirement, your portfolio should be heavily things l
by ryandrake 2y ago
The people who cannot suddenly lose 20% should not be so heavily into equities. If you're getting close to retirement, your portfolio should be heavily things like bonds and treasuries.
- stnmtn 2y agoSo that reason is exactly why the person you're replying to said what they said. The OOP said: "If you don't know what you're doing stick to index funds, buy and hold." which is clearly not great advice unless you're under the age of 30