03-14-2015, 10:58 AM
(This post was last modified: 03-14-2015, 10:59 AM by Dividend Watcher.)
(03-13-2015, 07:30 PM)hendi_alex Wrote: It is easy to have your attitude when a portfolio is small and growing. Much more difficult if close to retirement and the drop takes a $1.5M portfolio to under $1M for example.
Hardly. Try it with no pensions, the 2nd highest tax rates in the country and businesses that drop by at least 20% in each recession. If I had a portfolio of half that size I could retire today. It's all relative. You just have to plan.