Hi Grace, <<Oh please>> then, thank you for making my point better than it otherwise already was.
Obviously <<most new start businesses fail>> does not apply to you, but still does apply to everybody else.
<<I started a business when I fresh out of art school>> is a very difference risk profile than "let's start a business on retirement capital during retirement, having had no previous entrepreneurial experience otherwise".
<<If you don't have much capital you have to be successful>> or concurrently or alternatively, must be careful.
Bottom line, stocks have gone down, are going down, and will continue to go down, along with many businesses, home equities, retirement plans, and entrepreneurial fantasies. The drop will not be met half way by savings.
If one believes most folks are not good at managing portfolios, one must also believe even less are good at managing businesses.
But, of course, I understand your clients are very different from the average and median.
Chugs, Jay |
