Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
If I had to create a one punch Rip Van Winkle 30-year portfolio right now at 5.7% real yields or 1% real yields from 30 Year USTs or 2.5% from hypothetically diversified 30 YR BBBs, I'm putting most of it in stocks. When you slide the Rip Van Winkle out of the hypothetical you're just hoping you can guess that the market will offer something that is even better than what you consider fair before the cost of sitting in cash overwhelms the option value. That's okay to do, I do it myself, but I wouldn't call it market valuation and I damn well wouldn't be even a little certain about it.


That's a pretty perfect crystalline roarkian oblique prose summary of our universal quandary.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.