|Published: April 2010
Investing Strategy for Retirement
by Dave Ramsey
Iím 10 years away from retirement and just now starting to invest. I know you recommend mutual funds and spreading your money evenly across growth, growth and income, aggressive growth, and international. Considering whatís happened with the market recently, should I adopt a more conservative approach?
I donít think so. I think you just need to enjoy this ride the marketís on right now, because itís coming back up.
Now, Iím not saying that the market is going to rise dramatically every day. Things just donít work that way. But overall, is the market coming back up? You bet it is! Donít you wish youíd invested $1 million back on March 9? If you had, youíd be sitting on about $2 million right now!
The truth is, I donít know where the bottom is, and neither does anyone else out there. Thatís why I keep investing with a steady, long-term mindset, and itís what I advise you to do, as well!