Comments on: Ups and Downs of the Stock Market: What’s the Impact on Your Investments? http://www.bayareawj.com/ups-and-downs-of-the-stock-market-whats-the-impact-on-your-investments/ Grow Your Life-Grow Your Business! Connecting women to amazing resources and locally owned business in the East Bay, North Bay, South Bay, Peninsula and San Francisco! Tue, 24 Jan 2012 16:33:09 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Cathy Curtis http://www.bayareawj.com/ups-and-downs-of-the-stock-market-whats-the-impact-on-your-investments/comment-page-1/#comment-741 Cathy Curtis Fri, 11 Jun 2010 23:40:52 +0000 http://www.bayareawj.com/?p=7226#comment-741 Hi Joe, I agree with you! Thank you for adding your comments. Cathy Curtis Hi Joe, I agree with you! Thank you for adding your comments. Cathy Curtis

]]> By: Joe DeGroff http://www.bayareawj.com/ups-and-downs-of-the-stock-market-whats-the-impact-on-your-investments/comment-page-1/#comment-740 Joe DeGroff Fri, 11 Jun 2010 15:15:09 +0000 http://www.bayareawj.com/?p=7226#comment-740 Great post, Cathy. Having three to five years of income in cash after retirement is an extremely prudent way to be able to tolerate the "tantrums" in the market. The only thing that I would add is that even if you do not anticipate losing your job, having one year or so of expenses in cash is a wise strategy. Even those that do not anticipate losing their jobs sometimes lose their jobs! Or, many people want to start their own business and haven't the capital to do it--having the cash account can allow people the flexibility to quit their job and start their business. -Joe Great post, Cathy. Having three to five years of income in cash after retirement is an extremely prudent way to be able to tolerate the “tantrums” in the market.

The only thing that I would add is that even if you do not anticipate losing your job, having one year or so of expenses in cash is a wise strategy. Even those that do not anticipate losing their jobs sometimes lose their jobs! Or, many people want to start their own business and haven’t the capital to do it–having the cash account can allow people the flexibility to quit their job and start their business.

-Joe

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