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Reply to "Can't bring myself to check my 401K"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you can't handle a minor market correction, you need to up your allocation to bonds. Or lose sleep.[/quote] Minor? Come on, given the speed and deliberate precipitation, this is quite historic. [/quote] You should be prepared for a 50% drawdown if you are only invested in stocks. I decreased my bond allocation after 2008 because I learned that a 45% drop didn't phase me. [/quote]
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