Am I more risk averse now? You bet I am. I own no stocks — haven’t since 2001. I have cash, and soon will be getting a bundle more due to a legal settlement. And I have NO IDEA what to do with that pile of money to come. I just know I want to preserve what I have. I have two years to retirement. CDs don’t seem a good way to go — have to pay tax on what you earn and I don’t think the rates are beating inflation. I feel like I’m hunkered down in the foxhole.
