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Mark Hulbert: Stock Market Risk Is Always Far Higher Than You Think

FYI: Retirees are thinking about risk all wrong.
Odds are high that retirees are thinking about risk in exactly the wrong way.

Of course, chances are good that the rest of us are, too. But risk is especially toxic to retirees’ portfolios, since they have a reduced ability to make up for any unexpected losses — either by going back to work or waiting for the markets to recover from those losses.
Regards,
Ted
https://www.marketwatch.com/story/stock-market-risk-is-always-far-higher-than-you-think-2018-06-21/print
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