Your advice at The World Outlook conference, to have 50% of your money in cash was most timely. I never did make it to 50% but was able to get down to
Your advice at The World Outlook conference, to have 50% of your money in cash was most timely. I never did make it to 50% but was able to get down to 25% cash. Unbelievably, that’s now the most that’s left over from my portfolio. Of the rest I lost half.
I assume you were in Energy stocks in total. The losses elsewhere were not as outrageous. and hey, I say if you are over 70…50% cash. Lower age groups I recommended lower percentages. Cash is not Trash.