… your $200,000 ten years ago has been halved in terms of purchasing power. However, in terms of planning purposes, your anticipated retirement amount has been reduced by 75%. Given these outcomes, who will be able to retire? And for those already retired, how many will “unretire?” For Buy and Hold investors, better have a [...]
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Stocks Overvalued
Bill Bonner’s posts are always well-written and informative. He posts daily in a free newsletter and is associated with The Daily Reckoning, a site you might want to look at. Here is Bill’s daily post: This is One Funny Looking Bull by Bill Bonner London, England The longer the rally persists, the more dangerous it [...]