Quote:
Originally Posted by Biggd
I will never confess to being some kind of financial expert but after living through 3 recessions and seeing how long it took to get my money back I timed this last one and made out much better. I didn't get out at the very top and I didn't get back in at the very bottom but I was close enough on both ends that I more than doubled my money over the past 8 years. I'm not saying timing the market is the right thing to do but if you get it right it does work. I will be keeping my eyes wide open for the next down turn and I don't think it's that far off. Right now I'm 33% stocks, 33% bonds, and 33% cash. I'm 63 years old so I'm playing it safe right now.
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I'd say the best advice anyone can give you is simple, if you can sleep at night with your current allocation of investment capitol then you got it "just right".