There is definitely risk in this market.
And I could be wrong?
But after trading through 2008.
I didn't think that my friend should have all his retirement money in equities. Not at his age.
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I met a friend when I was out yesterday.
We started talking about stocks.
he said he put some IRA money that was in cash in the market on that big drop thursday and called up and he was up $5000.
I said did you take it?
I told him this is not a market to play with.
