Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
“Being able to invest in stocks whle only taking on minimal risk is a huge advance from how things were in pre-Shiller days.”
If that was true you wouldn’t have stayed at a 0% stock allocation for over 25 years.
Stocks are extremely risky today. The CAPE value is just a notch below the level that brought on the Great Depression.
But that is a 100 percent optional situation. We could open every site to honest posting. We could all work together as a nation of people to pull that CAPE value down to a reasonable level. Then we could all enjoy the benefits on investing in an asset class that offers high returns at minimal risk.
We’ve seen that there are millions of investors who want to learn how to invest in stocks in research-based ways and a good number of experts who would like to advance their own understanding and help all the rest of us to advance ours. So what the heck is holding us back?
It’s our fear of what you Goons will do to us if we “cross” you by posting honestly re the last 42 years of peer-reviewed research. I have been urging everyone within hearing distance to stand up to your Goons going back to the morning of May 13, 2002. If you Goons could think back to what your aims were when you were getting started in investing, back before you made it your life’s goal to make sure that no one every learned anything new about this important subject, you would be working with me, not against me.
That’s my sincere take, Evidence. Learning new things in the one true free lunch on thie troubled world of ours.
Rob
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