Quote:
Originally Posted by lewdog
Pessemistic.
People have been saying since 2012 that the market was going to make a correction.
People have been saying since 2016 that the market was going to make a huge correction.
Had you been conservative all these years, you'd have missed some HUGE gains.
Asset allocation is real though. Bonds currently carry little weight so it depends how you have your money divided. If you have decades to retirement, you should be mostly in equities (index/mutual funds for most).
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What he's saying is these dudes are telling him to expect a 3% return rate over time. He's wondering if that is too conservative a projected rate.
If he's getting 3% he needs to knife a fool.