I’ve posted Entry #28 to my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called Eeyore and Tigger on Stock Investing Risk.
Juicy Excerpt: Buy stocks when they are priced reasonably and the risk is insignificant. I’ve looked at the historical data and I know how many times stocks provided a frighteningly poor 10-year return starting from a time of moderate or low valuations.
Prepare yourself, Eeyore. This one is going to come as a shock.
The number of times this has happened is — Zero.
“Now you tell me, after I’ve lost all my money,” says Eeyore.
Tigger says: “I’ve been saying it all along. You wouldn’t listen!”
“How could I hear you over all that bouncing?” asks Eeyore.