proseadvocate

ETF Update: Large Cap ETFs, Euro Inflation, ETFs Above 200-Day Average

The author suggests (mistakenly) that bond yields should exceed 'equity' yields. However, his suggestion relies on recent history only. Prior to the last great bull market [beginning in 1981] yields on stocks were higher than bonds because they were not guaranteed and to attract investors to the higher risk of stocks. Perhaps investors are starting to realize that today, and therefore are demanding greater income from stocks because they have and will continue to dilute shareholder stakes by new issues and cut or eliminate dividends without warning.

Portfolio Planning and the Lost Decade

A bunch of hooey. The positive comments are probably from cohorts. Its always easy to rationalize anything with a proprietary model that nobody can see. The bottom line is that the "lost decade" is real, just like the 70' and yes, let's not forget the 30's from which the Dow (when adjusted for inflation) did not recover until 1981 [nearly 50 years later]. Just maybe all you wishful thinkers will be wishing that the go-go 80's and 90's were just the last hurrah for a dying empire. If you want diversification, try another country