Valuation-Informed Indexing #665: Stock Investing Questions — Which Ones Require More Research?

I’ve posted Entry 665 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called Stock Investing Questions: Which Ones Require More Research?

Juicy Excerpt: The Buy-and-Holders generally say that money not invested in stocks should be invested in bonds. I don’t feel comfortable with that choice. For so long as stocks are selling at reasonable prices, I like stocks best because they provide high returns. When prices rise too high, I want to be invested in an asset class that I can leave at the time when stock prices again become appealing.

So I like TIPS, IBonds and Certificates of Deposit as my stock alternatives. But it would be good to see research on this point from a researcher who did not permit a Buy-and-Hold bias to dominate his thinking on these matters.