"To be Inspired? Look at how your Portfolio Did btwn 2000-2002 and then Total up the tot. Rtns btwn 03' & 04'.. what was your Tot. Gains for 03' & 04'? That will give you an idea of what lies ahead for your stocks..all in 1 yr this time around"
Re: What makes me believe this? Faith and Eternal Optimist..LOL but I just said to just help you Inspire yourself in these rough times and give you some hope..
If one is a Pessimist and has no faith in our System? I wouldn't be Investing in much more than just Conservative Bonds or CD's.. and if you Have enough $ that doing what that will achieve your Retirement goals? More Power to you..
There are many that have Pensions & SS to take care of them and their savings isn't needed and just needing maybe 2-4% apy is enough to leave to the kids and the heck with it..
For the Rest of usthat either aren't so fortunate or like me, want to support some chariteis with as much as I can make? Not so much..and have very little choice but to take some "Acceptable" risks...
And Except of course, for those with short term ( less than 3 yrs) time horizons, then I'd best be in MMkt, CD's and ST/HYld bonds..( Such as FFHRX ) for this yr..and wait for LT Treasuries to get at or above 7% and buy them..
And don't get me wrong! If we have another repeat of the Carter Yrs w/LT Treasuries in the Mid Teens? I will be selling just about everything, including my New Bar-B-Q, My Car, and my Golf Clubs and buy them...
There is just getting to be too many devious traders manipulating the market me thinks .. Thus why I advocated Bal. & Bond Funds..& I let them take over the helm..