Friday, March 28, 2008
Is It Time To Abandon Stocks?
It’s not unusual to hear prognostications of doom and gloom when the markets are in disarray, as they have been for several months now. A front page article on the Wall Street Journal this past week would indicate that stocks might be in store for a ten year lull, in other words, dead flat performance. If you read the headline alone (“Stocks Tarnished by Lost Decade: U.S. Shares in Longest Funk Since 1970’s), you might just consider running for the exits in a fit of panic. But, should investors worry and should they consider abandoning equities for safer bets? Not quite, here’s why.
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