I am 81 and I look at risk in a shorter time frame than maybe others. I have had some market success over the last 20 years and want to pass on to my grandkids what I have accumulated. So I have gotten out of emerging markets -VWO - and VTMGX Developed European markets - and reinvested in total stock market at lower prices. Just think it will take the rest of the world -especially Europe - much longer to recover from Russian oil and gas cut off than the US economy. I am betting on the US. That is my short term view.
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I am 81 and I look at risk in a shorter time frame than maybe others. I have had some market success over the last 20 years and want to pass on to my grandkids what I have accumulated. So I have gotten out of emerging markets -VWO - and VTMGX Developed European markets - and reinvested in total stock market at lower prices. Just think it will take the rest of the world -especially Europe - much longer to recover from Russian oil and gas cut off than the US economy. I am betting on the US. That is my short term view.
Post: Neglected Ideas
Link to comment from July 13, 2022