The Oxford Club hosts regular seminars and meetings to help people figure out how much money they need to retire. One question that frequently comes up at all of its meetings is, “How much money should I have in stocks to plan for my retirement?” As with all investing questions, a number of variables go into this equation. The answer depends on how old a person is, their overall state of health, how close they are to retirement, and how far they have diversified their portfolio. At one recent seminar, however, additional information was added to this question. People who prepare for retirement should be careful about having too much money in stocks.
Hyperinflationary cycles are the key reason people can have too much money in stocks. People who lived through the late 70s and early 80s know how this worked. Many people who invested exclusively in stocks found out that their investments were worth nothing. Precious metals, gold and even real estate helped people who diversified their portfolio. The problem can happen with any one type of investment, which is why financial advisers recommend diversifying portfolios. The Aesop fable about putting all of a person’s eggs in one basket may be a cliché, but it is also true.
The Oxford Club helps people with their investment needs. It does not take the place of a financial adviser for people who are not well-versed in investing, but it can give people new ideas and things to talk about with their financial adviser. It has offered this service for many years. Some people who regularly attend the club decide to invest on their own, but this is not recommended.
The stock market has always been a risky and volatile place for investments. In many ways, it is a form of high class gambling. The people who invest in stocks keep track of prices, whether they are going up or down, and many other things. The average person does not want to do this, nor is he trained for it. Stock brokers only help people purchase stock, although online stock trading has made things easier.
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