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View Poll Results: Do the stock market losses play into your vintage buys? | |||
Yes |
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89 | 25.00% |
No |
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218 | 61.24% |
Sometimes |
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49 | 13.76% |
Voters: 356. You may not vote on this poll |
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#11
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For us mere mortals, securities are all about timing, not skill. My wife and I are terrible at it so we retained a financial planner to handle our portfolio. I just have to hope that I am not caught in a downdraft like the 2000s. The S&P 500's total return from January 1, 2000 to December 31, 2009 was a loss of 9.10%. The fact that it came roaring back eventually would not have meant much to someone who had to live on the proceeds for those years.
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