SFY - Retired Or Retiring Soon? Yes Worry About A Correction

When I was growing up, my father used to tell me I should "never take advice from anyone who hasn't succeeded at what they are advising."

The most truth of that statement is found in the financial press, which consists mostly of people writing articles and giving advice on topics where they have little experience and, in general, have achieved no success.

The best example came last week in an email, quoting:

"You recently suggested that you took profits from your portfolios; however, I read an article saying retirees shouldn't change their strategies. 'If you've

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