I recently wrote a Guest Blog Entry for the Money and Such blog entitled We’re All Better Off As a Result of the Stock Crash.
Juicy Excerpt: If you have one-third less in your portfolio today than you had pre-crash, you have a better chance of meeting your retirement goal in 10 years than you possessed pre-crash.
Juicy Excerpt #2: We need to assure people to persuade them to stay invested in stocks. But we cannot assure them without letting them know how important valuations are to determining long-term returns. And doing that means undermining the argument for Passive Investing, the model for understanding how stock investing works that most experts have been promoting big time for three decades now.
The Greaney Goons made an appearance in the comments section. Shadox shut them down.
Juicy Excerpt: OK, guys. Take it outside please. You may not agree with the posts, but please be courteous to my guest posters.
The right stuff.