Meagan

Wed, 6 May 2009 05:02:34 PDT

Yeah, I lost half of what was in a mutual fund, because I trusted the experts who recommended my 'conservative' investment. Granted, I have time to recover, but I'd be in better shape if I hadn't lost so much.

Now, the half of my retirement that is in a CD is in tact and slowly growing.... And I *overfunded* the CD based on expert recommendations because I have a low tolerance to risk. I don't like the idea of losing my principle.

I feel bad for people close to retirement who lost a lot. Even if they had a lot in guaranteed accounts, but kept a bit in mutual funds or the stock market, that could seriously impact their retirement.

DMG: Comments on "Blaming the Most Vulnerable"

Meagan