Quote:
Originally Posted by chassis
Inflation is moderating. Spend time on the FRED data warehouse. 5%-6% for a decade is overly pessimistic. The US is headed for a Japan-like future with interest rates and inflation.
The antidote for inflation is to invest heavily in equities. 100% equities, excluding cash. Bonds are dead for the foreseeable future.
Live below your means, as usual. Increase your comfort with volatility, it will help you live with your 100% equity allocation.
|
I've done this very thing. Some have called me crazy with my aggressive stance with my investment strategy. Well, it's paid off handsomely over the years. The viewpoint I have is it's only paper losses and only become real when you sell.