HAVE YOUR CAKE: Stocks, bonds, and what to invest in right now, from Tech Central Station’s James Glassman.
For a savvy long term investor, with just a little emotional fortitude, this really is a good time to buy. As Glassman says, “the stock market does not fall very much — despite the way it seems today. Since 1938, the S&P has declined, after dividends, in only two out of 60 overlapping five-year periods — just 3 percent of the time. The S&P hasn’t dropped in any of the 62 overlapping 10-year periods since 1931.”