The Investment Thread

Saint_Ward said
The exception is after a crash. I still chastise my mom for going full stable value (aka savings acct) AFTER the 2008/2009 crash. I'm like, mom, after it all crashes, it's too late. Stay in stocks to get the gains back. When things are flying high, get out of stocks. She could have doubled her nest egg by just being patient.
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A pretty good number of our clients did the same thing. Tried to reason with them, but they did what they had to do. But, fortunately, most stuck with it and even increased their contributions. Those people that stuck with it were sitting pretty a few years later when they decided to retire.