W2R
Moderator Emeritus
Where I think they make good points is that people are far more comfortable with investing in the stock market than they were 100 years ago and even 20 or 30 years. Stock market investing = gambling to lot of people even 20 or 30 years ago. That isn't true any more
It's true for some of us!!! I would really rather not be in equities at all, but have also lived through the rampant inflation we had a quarter century back. Gambling is enforced when the value of your money is constantly shrinking. If inflation did not exist, I would have plenty of money for life and I would have no need to invest it in anything.
October 2002-October 2007.......we're not going to see that kind of 5-year growth again in my lifetime.............
Tell me it isn't so! I am hoping we'll get right back to that as soon as we are done with this little dip in the road.