Re: Garrison K's Take on "The Current Occupant"
C-T and REWahoo, you're right. I missed Vietnam. I was to young. I just looked up the numbers. We had 47,000 combat deaths in Vietnam. So far we have 2,520 in Iraq including the Brits and other allies not that it makes the situation in Iraq any better. For some reason though I do have a vivid memory of seeing the "body bag" count on the news one day in the 60s and suddenly realizing that a lot of people were dying.
Brewer, yes it does argue for RE, commodities and foreign stocks.
In the last four years I have increased my allocation to foreign stocks and gradually added REITS and some energy (I also accept the peak oil theories. I think that there is uncertainty is to when the peak will occur but there is only so much in the ground and once you use it it's gone.) and nat'l resources. Previously I didn't have any of the later three except in broad index funds. I'm at about 8% for them and now consider them a permanent part of my portfolio but have scaled back on further increases because of the recent run ups. I could see myself getting up to maybe 15-20% but probably not more than that. I still have a lot of US stock and probably always will. I don't change the mix by very much or very quickly. Not good enough at predicting the future for that.