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06:52 PM
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How would you convince an unwitting dupe who has a lot of $ in the stock market to get out?
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[quote:Anonymous Coward 24425839:MV8yMDUxMzQ0XzM0NDc4NDA1XzRCQzc2NjU1] People like me who are looking at 50 soon, have to start saving for their retirement. Otherwise, we will never be able to quit working. Of the 401k, I have 30% emerging markets and 30% international. This way, I am trying to protect some of my money. Can't bring myself to buy any bonds. Your Dad doesn't have any income except what he is saving or has saved for retirement. It's a hard decision on what he should be doing. [/quote]
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It's my Dad and he stands to lose a lot of money. He just broke even from his 08' losses too.
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