Archive for January, 2010
Vindication ?
The Wall Street Journal
Announces
The Worst Decade For Stocks EVER!
“The U.S. stock market is wrapping up what is likely to be its worst decade ever.
In nearly 200 years of recorded stock-market history, no calendar decade has seen such a dismal performance as the 2000s.
Investors would have been better off investing in pretty much anything else, from bonds to gold or even just stuffing money under a mattress. Since the end of 1999, stocks traded on the New York Stock Exchange have lost an average of 0.5% a year thanks to the twin bear markets this decade.” TOM LAURICELLA WSJ digital December 20,2009.
I started aggressively moving clients out of Stocks and into T-Bills during the 2000-2001 market blow-off and then again in late 2007.
This appeared foolish to my clients, family and friends many times during the last nine years.
Asset Allocation Model
has kept my client’s investments and retirement plan assets SAFE.
BUT NOW
“Danger Will Robinson, Danger!”