Rules of thumb to build cash cushion for your retirement

  • Article by: CHRIS FARRELL
  • Updated: November 10, 2012 - 5:17 PM
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thatisright1Nov. 13, 12 1:34 PM

Here's a piece of advice; stay away from cash investments and commit to tangible assets, such as land.

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mauianNov. 18, 12 6:53 PM

U.S. Treasury securities, I-bonds, federally insured certificates of deposit and savings accounts are to high quality investments what Mr. Clean is to hair products. My advice is GET OUT OF ANY DOLLAR BASED INVESTMENT. $16 trillion in debt and facing a "fiscal cliff" and this guy advises buying US T bills? Guess who's buying the Treasuries now? The Federal Reserve. That's like paying your Visa with your Mastercard.

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kennyrogersNov. 20, 12 6:05 PM

When you're young, invest in stocks. When you're old and have a giant nest egg, don't play that roller coaster. Remember, 10 percent of $100,000 is the same as 1 percent of a million dollars. You saved a lifetime, don't be so dam greedy that you lose a small fortune.

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