Talk of SPIAs, dumping it all into CDs--dang, everyone is running for the doors. Anyone remember when inflation was 10% in the US? And, that's mild by worldwide standards--rates much higher than that can happen here, and a lengthy stretch if inflation is a likely occurrance if you've got a 30-40 year investment horizon. I would not like to have all my $$ tied up at a fixed rate in such an environment.
Pick you asset mix, rebalance when needed, take deep breaths. Repeat the mantra: "I will not sell at the bottom, I will stay true to my allocation"
Pick you asset mix, rebalance when needed, take deep breaths. Repeat the mantra: "I will not sell at the bottom, I will stay true to my allocation"