@sophaller Then is this a problem verse for you? “The Lord has made everything for its own purpose,
Even the wicked for the day of evil. Proverbs 16:4. Love Rom 8:28
@Sadie_NC From Nebraska called it a “pond”. Moved to Texas and while in East Texas my wife’s uncle kept referring to the “tank” in the back. That’s when I knew I was really south of Kansas.
@M_Simonyan Or is he saying that Ukraine, like Finland, will end up giving up land to Russia and see people displaced? Stubb could have followed up saying “If we can do it, so can you?”
This recent decline should not worry retirees. Investing in risk-assets like stock, even when diversified, will always have probability of a 10-20% reduction. If a retiree holds those funds, i.e., don’t sell, then historical trends evidence that this temporary loss is recovered and will be net positive. Retirees should consider only withdrawing 4% of the funds during a year. Historically, this has always resulted in positive growth in the retirement funds. Rule 1: don’t sell when the market drops as that converts an unrealized loss into a realized loss. Rule 2: Hold investments for a market cycle of multiple years. Most retirees are not going to need to spend 50% or more of their funds within two years. The longer you can hold and not sell the greater the probability for success. Normally, I like to hear comments from Doocy, this time however the comments create unnecessary fear.