Quote:
Originally Posted by cdelena
This is a mindset issue... no matter what investment choices he makes apparently he will agonize over it. Counseling by an investment knowledgeable professional might help.
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Almost everyone posting on this thread seems to be offering financial and investment advice. I suspect you are correct. Regardless of the investments or the performance of the investments this man is likely to agonize over the issues. Maybe he could turn lose and trust an investment professional but that is highly unlikely. If the situation becomes bad enough counseling might be needed but that would be for mental health reasons instead of investments.
Unfortunately financial worries and insecurities can become crippling. People with these disorders are sucked in by the sky is falling, doomsday predictions. In the worst cases they fall prey to paranoia and conspiracy theories. These are spectrum disorders. We have plenty of people on this forum who are heading down the same road. Getting older just befuddles our thinking and leads to even more irrational fears and behavior.