Quote:
Originally Posted by MJC62
My Financial Advisor told me the average Bull market lasts about 4.5 years. We have been riding this Bull market for close to 10 years. As someone already posted markets are cyclical and this Bull is running out of steam. When the markets pull back, and they will, it won’t be because a few talking heads or politicos wished for it. It will pull back because it’s due for correction. My Financial guy also said be prepared for a 30% to 40% hit. If you have the time to ride it out leave your portfolio be if not the time is now to get conservative in your investments. Most of us “ill prepared”baby boomers😉have already made the adjustment.
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Well said, You have a very good financial advisor.
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