Mish points out that "stocks for the long run" doesn't really work -- CDs have beaten stocks over very long periods.
I'd add that gold has beaten stocks by about 3-to-1 since 1972 when Nixon abandoned the gold standard for a toilet paper currency. Check my facts on this, but I believe gold was around $32 then, and the S&P 500 was around 100. Both are around 900 today.
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UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a... -
Only the police should have guns, you know. The shocking double murder of a young couple in Irvine turns out to have been suspectedly com...
QE has permanently ruined bonds for investors
You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...
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