cambo

Last Thursday Was the Bottom - It's Time to Get Back in

The "stay in, stay the course" advice will ruin many people. I'm 60 years old and I was forced to get out of the market to save my future. I lost a very large amount of money that I had little chance of recovering. This market gives me very little hope of a quick recovery and at 60 I will likely be dead before it happens. I’m wondering if any of the financial advisors actually have any concern for older investors or do they have a self serving agenda. The constantly given advice that makes one feel foolish if they think about converting to cash is poor advice for some. The current market is unlike any I’ve experienced in My 30 years in the market and we may be facing a very long down turn before a recovery. I think it is far too much of a gamble for older investors and they may be hurt beyond any hope of regaining their loss. I’d rather have my money safe than depend on the advice of advisors who only have one answer.