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Reply to "Private school vs paying for inlaws extended care"
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[quote=Anonymous][quote=Anonymous]So many of you are conveniently ignoring the fact that a lot of seniors lost a significant portion of their retirement when the market tanked. This was not something they could have planned for and it can happen to any of us--hopefully, not after it is too late to make up the losses. [/quote] Seniors should be invested in safer investments. Why would they be invested in stocks at that age? That's in not smart, they should have been invested in GICs or bonds. Plus the market is back up now. So, if they were invested in bonds, they could have liquidated that while they waited for the markets to improve. Stupidity is not an excuse.[/quote]
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