Ghost of Igloi wrote:
S&P 500 Index Return 3/2000 through 3/2020 3%, with dividends reinvested 5%. Bond like returns. Why not the enthusiasm for bonds? I believe the year-to-date return for 10-30 Treasury is considerably superior to the S&P 500. Market is propped up by mega cap tech bubble. We’ll see how long that lasts when the V-shaped recovery is proven to be another Wall Street fairytale.
So how about those investors who invested in the mega cap tech companies since 3/2020? I know one and he's so full of himself you can't shut him up on these boards.
And otherwise, you simply compare realized gains on the one hand (the S&P 500 over a given time span and a clean 5% per year) with some vague premonition of what will come (a distrust of "the Wall Street fairytale"). Hey, given the two, I am glad i took the former.
Just saying, Igy. I find both of those arguments rather uncompelling.