Re: where are your saving?
An old high school buddy of mine is a financial planner. He has given me a few tips but over the past few years we have both lost our shirts in the market.(at least half our shirts) He still believes "staying the course" will, over the long run, average out to our best advantage. His argument, of course, is past performance over the last 50 years. He doesn't seem very receptive to my argument that the present economy is nothing like what we experienced in the 50 past years.
My main problem is, I'm close to 70. The long run just ain't what it used to be. I'm worried about today and hopefully tomorrow.