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General advice, index funds are the place to start unless you have special expertise. But as you get older you need to move into increasingly conservative inves
by josefritzishere 2y ago
General advice, index funds are the place to start unless you have special expertise. But as you get older you need to move into increasingly conservative investments. When you are 80 you will not live long enough to recover your losses from a market crash... so money markets, CDs, bonds, etc.
- ghaff 2y agoIn general, for a given especially senior age, it also depends on your portfolio. If 4% or whatever inflation-adjusted amour puts you in good stead, you probably shouldn’t be betting more than a modest amount on significantly higher returns.