Regular readers will recall my most recent "lost decade" post, in which I pointed out that the S&P 500 was not such a good place to make your money GROW long term. You can tell that either I am not totally off my rocker or Doug Short is right off with me, because he just posted about the same thing. Even a CD ladder, even with current (barely) interest rates, would be a much, much better place to put your money - and it has the significant benefit of not potentially losing money, and not requiring brokers' fees all the time.
Now, if you've got insider information *cough*Congressman*cough* maybe you can beat the market. For the average Joe, Certificates of Deposit are the sure bet.
Sunday, July 24, 2011
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