1. Invest in a fixed income, guaranteed type portfolio, e.g., government bills and bonds, fixed annuities, CDs, etc. and hope that inflation won’t be too rough on you, or plan to have your lifestyle degrade as you age in direct proportion to any inflation we may have.
2. Invest in a diversified equity-driven portfolio (made up of several different asset classes, i.e., asset allocation) and hope that there won’t be any serious, protracted, Bear markets or that there won’t be any at all.
source:Bruno A. Giordano is a contributing author of the book, Wealth: Enhancement and Preservation, and is President of Dorset Financial Services Corp. in Devon, PA.
Be kind to animals,