Rethinking Stocks for Your Retirement (as reported by Walter Updegrave on money.cnn.com)

Warren Buffett, one of the world’s most widely respected investors, recommends that those saving for retirement invest 90% of their nest egg in stocks and 10% in short term government bonds. But depending on your tolerance for risk, and how close you are to retirement age, that may be a little too risky for most people.

While its true that over the long term, stock market returns are always positive, in the short term you run the risk of losing money. And if you are fast-approaching retirement, you might not have the years to wait for a downward sloping market to fully recover.

For more, check out this article.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: