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« Faceoff on Greece: An Interim Update | Main | Weighing the Week Ahead: A Volatility Cocktail! »

April 10, 2014

Comments

oldprof

Thanks for the Birthday wishes. We had a great evening.

Trong -- thank you for the kind words and the good question. People are living longer and enjoying more retirement activities. It is important to start your analysis by thinking about risk, but many people unwisely choose "zero" as their answer. Including some stocks in your portfolio is the best tool for fighting inflation. I noticed in a recent interview that Prof. Robert Shiller (who recently turned 68) has a portfolio with over 50% stocks! This is despite the reading on his widely-cited CAPE ratio.

An illustration only, of course, but it is something to think about.

Jeff

Trong

Happy birthday, Jeff.
How much longer do you think you'll still be actively investing in stocks?
I am 62, and I hope to do it at least another 20 years.
By the way, your financial blog is one of the few intelligent & informative ones. So, thank you.

Al

Happy birthday!

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