Quote Originally Posted by Suppressed Poet View Post
I plan to retire early, but still have another 15 years or so until that is possible. For those people, which is most, dips in the market and even full blown recessions are to be expected, normal, and you can ride the recovery wave to even greater gains over time. It’s a long term investment strategy and money is made through the power of compounding interest over time.

For those that are in retirement now or plan to retire soon, if they are a savy investor & risk adverse (as you should be as you get older and build wealth) they should have migrated a big chunk of their portfolio to treasury bonds and other safe bets. You trade lower returns for lower risk. Guess what? When the stock market goes down…treasury bonds, commodities like gold, and other safe assets don’t lose their value.

I should have kept reading before responding. This.