Just doesn't seem right that it is encouraged and taught by financial advisors to keep retirement accounts made up of an S&P500 core to buy-hold-pray.
Saving (not investing) in mutual funds offered by the standard retirement plan won't get you to the fastlane, heck, it won't even get you to retirement.
http://online.wsj.com/public/article_print/SB120649226977964203.html
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Stocks Tarnished
By 'Lost Decade'
U.S. Shares in Longest Funk Since 1970s;
Credit Crunch Could Prolong Weakness
By E.S. BROWNING
March 26, 2008; Page A1
Over the past nine years, the S&P 500 is the worst-performing of nine different investment vehicles tracked by Morningstar, including commodities, real-estate investment trusts, gold and foreign stocks. Big U.S. stocks were outrun even by Treasury bonds, which historically perform much less well than stocks. Adjusted for inflation, Treasurys are up 4.7% a year over the past nine years, and up 5.8% a year since the March 2000 stock peak. An index of commodities has shown about twice the annual gains of bonds, as have real-estate investment trusts. :smx4:
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Saving (not investing) in mutual funds offered by the standard retirement plan won't get you to the fastlane, heck, it won't even get you to retirement.
http://online.wsj.com/public/article_print/SB120649226977964203.html
-----------------------------------------------
Stocks Tarnished
By 'Lost Decade'
U.S. Shares in Longest Funk Since 1970s;
Credit Crunch Could Prolong Weakness
By E.S. BROWNING
March 26, 2008; Page A1
Over the past nine years, the S&P 500 is the worst-performing of nine different investment vehicles tracked by Morningstar, including commodities, real-estate investment trusts, gold and foreign stocks. Big U.S. stocks were outrun even by Treasury bonds, which historically perform much less well than stocks. Adjusted for inflation, Treasurys are up 4.7% a year over the past nine years, and up 5.8% a year since the March 2000 stock peak. An index of commodities has shown about twice the annual gains of bonds, as have real-estate investment trusts. :smx4:
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