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My aunt and uncle retired about 12 months ago. They're now worth 30% less than they thought they'd have to retire on. Fortunately they reckon they're going to outlive this crisis and end up being ok anyway.
The good thing for them is they not only have shares as investments but they have realestate which they draw an income from.
I guess it's always good to have a couple of different investments so you're not totally reliant on one income stream.
People are just angry and afraid and upset as you know lookout. It's really not personal when everyone's in the same boat. These people have relied on your advice that's for sure, but they could have made different choices also. You're not responsible for the choices they've made in the end. You've only offered them choices.
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Kind words are the music of the world. F. W. Faber
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