“The Bennett/Pfau Research Shows That It Is Nothing Inherent in the Nature of Stocks That Requires That They Be a High-Risk Asset Class. The Risk for Which Stocks Have Become Known Over the Years Is the Product of the Get Rich Quick/Buy-and-Hold Impulse That Resides Within Us All.”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

Like I said, you are calling them liars…..yet it is also a conspiracy since they are all in on it.

We all have a Get Rich Quick/Buy-and-Hold urge residing within us, Anonymous. That much is certainly so.

You could say that we’re all drug addicts or that we are all gambling addicts or that we are all sex addicts because we all have the potential to fall prey to those horrible addictions. The Bennett/Pfau research shows that it is nothing inherent in the nature of stocks that requires that they be a high-risk asset class. The risk for which stocks have become known over the years is the product of the Get Rich Quick/Buy-and-Hold impulse that resides within us all. Now that we have 42 years of peer-reviewed research showing us how to overcome that urge (through market timing/price discipline), the days of risky stock investing are over once we pull together as a nation of people to open every discussion board and blog to honest posting re the peer-reviewed research, without a single exception. I recommend doing this by the close of buisiness today, if not a good bit sooner.

My best wishes to you and yours.

Rob