Latest / Winning With Winans! / The Myth of "Investing for the Long Run" Near Retirement
Transcript
- speaker-0: I think it is foolhardy to go in, especially if you're middle-aged and you worked hard and you made all this money, and your advisor tells you, we're in this in for the long run. Well, I don't know what the heck long run means when you're middle-aged, but I'll tell you what, I saw a lot of people in 2008, 2009 that had to move their retirement to indefinite because they had taken such a mauling in that market.