It’s important to know that even in the best years the stock market carries a 30% chance of loss.  So there is always a 1 out of 3 chance the market won’t perform to expectations.  Sadly, in good times people think the market will continue to climb.  But what are the odds of consistently beating the market and avoiding market meltdowns?  What are the odds of becoming a professional athlete?  Plenty of people have overcome the odds and made it big in sports.  But what do you say to a 50 year old who wants to play in the NFL?  We need to be realistic.  The older you get, you may not be able to afford the time to regain your losses. Read More…