1. Saturday, May 29, 2010 - 3:03 PM
Great item, Ken. Sorry to be so late responding . . . just saw this on Twitter.
I believe most of your readers are wise enough to realize this can, or at least could, easily be done. I already have done it. I retired at age 40 without any recourse whatsoever to the stock market. I have a very low opinion of the stock market, to be candid. I did, back in my time, have access to honest, or at least reliable, bond market opportunities. I'm not certain I could repeat today the bond market investment successes which helped me years ago. The bond markets today are not what they were back when I needed them. And the ratings agencies I once relied upon have more recently proven unreliable. Insured CDs of course remain. That's what I use now.
I believe most of your readers are wise enough to realize this can, or at least could, easily be done. I already have done it. I retired at age 40 without any recourse whatsoever to the stock market. I have a very low opinion of the stock market, to be candid. I did, back in my time, have access to honest, or at least reliable, bond market opportunities. I'm not certain I could repeat today the bond market investment successes which helped me years ago. The bond markets today are not what they were back when I needed them. And the ratings agencies I once relied upon have more recently proven unreliable. Insured CDs of course remain. That's what I use now.
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