That's because in
the event of a market meltdown, retirees can be vulnerable to the risk of having to sell investments at beaten down prices in order to provide funds to live on, which is known as «sequence of returns risk.»
Not exact matches
So there is the risk, however slight, that Buffett's view understates the risk Berkshire is shouldering in the
event of another unforeseen
market meltdown.
It seems like unfortunate timing that what should have been one
of the biggest news
events in the DIY investing space since the commission drop by RBC Direct Investing in January
of 2014 actually got eclipsed by the major
market meltdowns.
«That spring, in the midst
of tumultuous political and economic
events, I learned the hard way that in a
market meltdown, not only does liquidity evaporate, but prices can fall so steeply that all decisions have the potential for serious adverse consequences.»