GST & IceShark
The problem with you intelligent guys is that you guys think all females are stupid.......and are meant to be humored. Well, maybe the ladies you have encountered may be that way, but believe me lots of us out there are not... :-) so it might be better for you to "understand" (or ask for) the meaning behind the statements...... ;-)
All intelligent investors believe in asset allocation. Their portfolios are divided into categories with varying amount of risk. Even if 100% of my savings were invested in stock markets, which they arent, for I hold a large part of my savings in real estate internationally, but even if they were, on the average, stock market has historically returned 11%.... A portfolio held thru the crash of 1929, and thru 1987, STILL shows returns of 11%......I merely quoted a historical statistic. BTW, even if one held on to a bunch of dogs, historically, even the poorest performers return 4% on the average. Now even if AMZN went bankrupt, histroically speaking, all portfolios employing efficient asset allocation strategies would average out to 11% thru a buy and hold strategy, and efficient asset allocation strategies.
Hope this helps.
PS : All data quoted from Prudential research... |
