[HotHunt]

That's a great strategy if you'e not retiring and don't need the money for years. Getting out at the "bottom" as you call it, was the only way to preserve what principal we had left.

We were retiring and didn't have a way to replace our losses because we had quit our jobs. Too risky to leave it in for more losses.

Since then we just keep in a few savings accounts. Doesn't make much in interest but unless the banks default on us, at least we can retain what principal we have left.

I'm not interested in putting my money back in the stock market because, it's like going to the roulette tables in Vegas. The odds are not in your favor.

And now I see that the stock market is taking it in the shorts again. My money is not in as much risk now as it would be if it was back in the equities market.

We retired as planned and are living comfortably on our cattle farm in Florida.

[plain talk]

“it’s like going to the roulette tables in Vegas. The odds are not in your favor.’

Actually investing is nothing like gambling. If you invest it and leave it alone for forty years the odds are you will make a LOT of money.