newporttony
Recycles dryer sheets
Good news for those with longer time horizons.
http://finance.yahoo.com/retirement/article/106754/Huge-Generational-Opportunity-Now
A combination of factors is responsible for the woes of the last 40 years, but one thing has been consistent. When we find ourselves at historic market lows, we are presented with rare opportunities. The world must have looked pretty bleak to investors at the end of 1941 -- in addition to all of the travails endured over the previous 40 years, the United States was entering yet another World War with no certainty of victory. Psychologically, it must have made our current circumstances look trivial in comparison.
Nevertheless, we see little current evidence that encourages us to invest in stocks. We are bombarded on a daily basis with terrifying news of the most recent collapse; a steadily declining stock market with prognosticators predicting more of the same, and if we try to educate ourselves by perusing recent business titles we see that the number one bestselling financial book on Amazon is "The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History." What's more, most of our recent experiences with stocks have been negative. The ten years ending February 2009 -- where the market lost 5.79 percent per year -- were the worst 10-year return for the S&P 500 since 1900, and the recent decline over the last six months was the swiftest for stocks since 1932.
http://finance.yahoo.com/retirement/article/106754/Huge-Generational-Opportunity-Now
A combination of factors is responsible for the woes of the last 40 years, but one thing has been consistent. When we find ourselves at historic market lows, we are presented with rare opportunities. The world must have looked pretty bleak to investors at the end of 1941 -- in addition to all of the travails endured over the previous 40 years, the United States was entering yet another World War with no certainty of victory. Psychologically, it must have made our current circumstances look trivial in comparison.
Nevertheless, we see little current evidence that encourages us to invest in stocks. We are bombarded on a daily basis with terrifying news of the most recent collapse; a steadily declining stock market with prognosticators predicting more of the same, and if we try to educate ourselves by perusing recent business titles we see that the number one bestselling financial book on Amazon is "The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History." What's more, most of our recent experiences with stocks have been negative. The ten years ending February 2009 -- where the market lost 5.79 percent per year -- were the worst 10-year return for the S&P 500 since 1900, and the recent decline over the last six months was the swiftest for stocks since 1932.
