Over the long haul, I have done very well investing in the stock market. It all depends on how soon you need the money. I will not need to increase my earnings in the next 5 years so I am willing to keep my money in equities (low cost no load mutual funds). It will be hard to predict when the rebound will come but when it comes, it is usually significant. Of course, if I die before the uptick comes, then I will have chosen poorly.
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“There is no such thing as a normal period of history. Normality is a fiction of economic textbooks.”
— Joan Robinson, “Contributions to Modern Economics” (1978)
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