First, my apologies. My wife and I began investing in our 401Ks about 10 years ago. We fully accept responsibility for the last decade - economics wise
Having said that, I'm finding it more and more difficult to support the buy-and-hold strategy when my wife and I discuss the best plan of action going forward. Just checking real quick, it looks like the DOW has increased ~12% total over the past 10 years or so. My wife in particular is beginning to think there might be better investment options out there - and I'm not so sure she isn't right anymore.
Assuming we don't take everything out of the market (which would, needless to say, cause the DOW to skyrocket, babies to sing, and a new and everlasting era of peace and prosperity), what do you think the next 10 years will look like?
Will we still be hovering around 10K-11K?
Will we return to more traditional returns and be somewhere around, oh I don't know, 20K+?
Will we be lower (gasp)?
Having said that, I'm finding it more and more difficult to support the buy-and-hold strategy when my wife and I discuss the best plan of action going forward. Just checking real quick, it looks like the DOW has increased ~12% total over the past 10 years or so. My wife in particular is beginning to think there might be better investment options out there - and I'm not so sure she isn't right anymore.
Assuming we don't take everything out of the market (which would, needless to say, cause the DOW to skyrocket, babies to sing, and a new and everlasting era of peace and prosperity), what do you think the next 10 years will look like?
Will we still be hovering around 10K-11K?
Will we return to more traditional returns and be somewhere around, oh I don't know, 20K+?
Will we be lower (gasp)?