I reallocated almost all my investments this week. Also having been very much a part of the S&L crisis plus Tax Reform of 1986 when the ability to write off passive losses against ordinary aka active income was taken away with no one being grandfathered (and somehow survived where I saw some aquaintances--mostly in syndication deals--go to bed worth millions and wake up broke the next morning) I am cutting back including my BandM gambling trips. Better safe than sorry!!
