Where Boomers Should be Putting their Money Now
The Boomer
Published September 20, 2012
"Stocks are peaking at this time. We do not see the fundamental support for a stock market rally in an economy with protracted high unemployment rates and a zombie residential real estate market. We believe that our country is in a secular bear market that has 10 or more years left to run. Within past secular bear markets, there have been rallies and crashes for as long as 25 years, with the overall market going almost nowhere. These are described as "sideways" markets. But there is a lot of motion (volatility) within the market, and most individual investors do not know how to make money in such a market."
Read more: http://www.foxbusiness.com/personal-finance/2012/09/20/where-boomers-should-be-putting-their-money-now/#ixzz271LR7FdP
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