(Login Nafana) Forum Owner Posted Jun 21, 2012 7:57 PM
The Dow dumped 250 points today- in fact the market has been lousy ever since April and most experts are not optimistic at all about the rest of the year. So where ya going to put ya money? Bonds? Bond yields are the lowest on record- not even keeping up with inflation and share prices will dive if there's the slightest increase in interest rates. Commodities? They ain't doing well either, and I've lost more money in commodities than I ever want to think about. Foreign markets? Have you read the news? Forget that!
So what's left? Even if you just sit in cash your losing 3-4% a year to inflation. In 30 some years of dabbling in the market I've never seen such a dismal time where there is just no good place to put money. Anybody got a suggestion?