Politics aside, it still is a time of considerable uncertainty. That means making good investment decisions is not a sure thing. People think stock prices are high (due to efforts to get the President re-elected), muni bonds are risky (due to govts over extended and short of revenue to pay them), bonds are risky (having been bid up by fears in Europe). Some see bubbles everywhere. What is a safe investment?Meanwhile interest rates are very low, some say artificially low. That makes buying an annuity just now very expensive.We no longer have the big real estate bubble and bad mortgages that precipitated the '09 decline, but the path to good returns is not so obvious. Its a tough time to make your own investments, and even the pros seem uncertain.
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