Detailed text transcripts for TV channel - CNN - 20100424:17:32:00
The poor follow yo of the 25-year-old should look different than a 55-year-old for obvious reasons. walk us through 55. >> we get older, don't have a strong stomach lining. you know, 2008 was really tough for a 55-year-old but a 25-year-old, a lot easier. when you're 55, you own the same etfs, christine, but shift the allocations more towards bonds. in this allocation, a 50% bond allocation and et cetera. if you look at this allocation, maybe bnd, the bond. all in one security issue. we also boot out the commodities. they tend to go up and down quite a bit and this is more appropriate for a 55...
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