I'm maintaining my portfolio at 70% stocks, the rest in short term bonds and
cash. Every year or so I have to rebalance (sell high, buy low) to keep that
ratio. If the crash comes, I'll go 100% stocks when they ring the bell at
market bottom, ride it all the way back up.
--
Max Dillon
This is largely a consequence of FED (read Administration) policy to try to
stimulate the economy through artificially low (like zero) interest rates.
But this is small potatoes compared to the many seniors who saved
responsibly all their lives but now can't live on the (near zero) revenue
from
Max wrote:
> I certainly hope none of us nor our families are in this boat.
I rowed away from that boat 40 years ago.
Life insurance is pah!
mao
___
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To Unsubscribe or change
I certainly hope none of us nor our families are in this boat. Yet another
reason to avoid whole life insurance.
--
Max Dillon
Charleston SC
'87 300TD
'95 E300
___
http://www.okiebenz.com
To search list archives http://www.okiebenz.com/archive/
To
http://www.nytimes.com/2016/08/14/business/why-some-life-insurance-premiums-are-skyrocketing.html
The NY Times describes the latest scam by insurance companies to drain policies
of built up cash values and then raising rates on all such policies claiming
there are insufficient funds to pay
