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Shifting to safety: The author of this article points to an intriguing quote, stating, “When you’ve won the game, stop playing with money you really need.” He makes the point that in retirement, he feels less interested in getting richer, and more interested in guaranteeing his modest lifestyle. It’s not about getting the highest return any more. It’s about what helps you sleep well at night, and for many, that means protecting those lifelong savings from the unexpected and having readily available cash for both opportunities and emergencies.
The benefits of boring: Yes, this type of investment portfolio may seem less superior to one that’s taking more risk. It might also appear boring, but at the end of the day, consider this: What will bring you financial peace of mind? That’s the perfect portfolio.
My thoughts: Maybe you should have more money in the stock market, but can you still sleep at night if you do? Not to mention, do you actually need that exposure in the first place?