Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Box-By-The-Riviera™ who wrote (8489)	9/7/2001 7:10:57 PM
From: RocketMan	Read Replies (1) of 74559

Being a few months away from semi-retirement, I have to say that the stock market is the absolutely last place anyone close to retirement should be. I know the street mafia says to look at the 20-30 years you will be retired, inflation, long-term stock market performance, etc. As far as I'm concerned that is rehashed 60's and 70's crap left over from the days when stocks actually paid dividends, and does not apply to today's greater fool market. For me, I am mainly in bonds, income-producing instruments, and with a small portion in dividend-paying stocks. Oh, and with play money in a handful of tech stocks, though I would have done much better in Vegas, and had free drinks to go with it.

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