Thor Forums

[LandKO]

Converted my 401k to an IRA when I retired years ago. But my holdings remained similar. They’ve taken a beating.
In January my financial advisor warned me we were due for a “market correction”.
Some correction uh?
Anyway I decided to put two years worth of Required Minimum Distribution in a cash reserve account that I can draw on without having to sell anything.
So hopefully, in two years time, the market will have recovered.
But, in the mean time, no major purchases.