"What percent of your assets do you want to put at risk?"
"No one can stand volatility when they are experiencing it"
"Plan for the worst; hope for the best." (one of my favorite sayings)
"A guaranteed income for life is better than a pile of money."
"Hope that markets go up should not be the basis one one's business strategy."
"You cannot be over-defensive if your objective is wealth preservation."
"buy and hold is flawed from the start--flexibility is key."
These quotes are from Lessons Advisors Learned from the Crash of 2008 (from Horsemouth)
Friday, September 4, 2009
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