Link: Portfolio Strategies for a Shaky Market (article)

jkom51September 30, 2007

I posted this in the Retirement forum, but this forum seems to get more traffic. I thought a link might be helpful. The article discusses how the timing of when you start your portfolio withdrawals is important: not age, but the state of the market at the time you begin.

Here is a link that might be useful: US News & World Report article: link to posting

Thank you for reporting this comment. Undo

What this article really says is that in order to achieve above-inflation returns, you have to take risks, and one of those risks is that the value of your portfolio might decline for a while. If that happens, and you keep spending money as if it didn't happen, you might run out.

This situation is no different from what it is if you're living off the results of your labor instead of from your investments. If you lose your job, and keep spending money as if you still had it, you might run out.

In both cases, the answer is to scale back your spending during temorary periods of ill fortune.

    Bookmark   October 20, 2007 at 11:05AM
Sign Up to comment
More Discussions
Accounting Question
I was hoping there'd be an accounting forum her on...
How would I sell fur coats?
Let me say, first, please donÂt bash me for having...
Do I need to give a 1099-misc to the lady who cleans for me?
For the first time ever, I began having a lady clean...
Programmable Thermostat proof
Does anyone have hard copy proof of the savings that...
Buying a car
I am planning to buy a car, but my credit rating is...
© 2015 Houzz Inc. Houzz® The new way to design your home™