Better to pull out of market at 70?
It seems everyone is saying we are headed into a recession, including the likes of heads at JM Morgan, etc. It seems more probable than not that market will go negative for the near term from where it is now, and average recession is something like 500 dats. Given my age, I don’t see point in keeping any of my money in equity. I’m thinking of taking it all out but I’m not sure where to put it – maybe just a money market acct. is this the right strategy? Where would you put your money in this circumstance?
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