Amen Squid. I have been checking this board for several months now, and it astonishes me that many of you guys are considered “professionals”. Some have brains, but not most. The good news is that I am starting to think there isn’t much competition out there.
I have a 3 strikes you're out policy. If some dude is 40 and wants out of equities until things "improve" I will explain to him why he needs to stick with the plan we have in place twice. If he comes to me a third time with the latest "the sky is falling" commentary from CNBC, I put him in a Fixed Annuity if IRA money or a CD or a US Gov fund and call it a day.