No Place to Hide
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Nov 6, 2008 5:25 pm
Good article.
Basically says if you're withdrawing 5% and took a 30-40% hit in your portfolio, you are F'd. Game over. Should be good to show to disturb prospects. http://online.wsj.com/article/SB122529113682080283.htmlIt’s plenty disturbing to my clients.
Not sure how it would help me with prospects: 'As you can see here, Mr. and Mrs. Prospect, the strategy I use to help you retire safely does not appear to work.' ![quote=buyandhold]It’s plenty disturbing to my clients.
Not sure how it would help me with prospects: 'As you can see here, Mr. and Mrs. Prospect, the strategy I use to help you retire safely does not appear to work.' ! [/quote] That's pretty funny. Let me know how it works. Although, if you use alternative investments or annuities, you might have some ground to stand on.