As most of you know- my hubby is semi retired. He is a bit older than me and with the loss of his sibling he is a bit more ready to retire. Ok, he is retired with a hobby of keeping the grounds with the prospect of building something out of wood. That is still a mystery.
SOOOO, I watch our pennies.
I kept our old portfolio active, just to see what would have happened if we had stayed the course.
Today it is official.
If we has stayed in the market, we would have lost half of our liquid assets. I cannot say life savings since most of our savings are in the place we call home.
It is a sobering thing to look at that portfolio.
How are people doing it who did not know to get out of the market when it was higher? I have so many friends who have money in 401K or IRAs who did not think that they could move their money to cash within those accounts.
I am worried about senior citizens who depend on their savings for an OK life in the future.
I am anxious for the elections and convinced that no matter who wins----it might settle down just a bit.
What a year!