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Old 03-03-2009, 10:13 AM   #13
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
Re: How Low Can It Go?

Quote:
Originally Posted by redskinjim View Post
i have a friend who has made a lot of money and is retired he says now is the time to invest.cause the market always comes back.
That is true but for retired people with all their savings in the market they are getting hammered. Most people do not realize that as you start to get close to retiring you should move your money to fixed products so you know its safe. Then maybe keep some made money in the market to play around with.
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