[quote=scaredyclassic][quote=plm][quote=scaredyclassic]in spite of the fact that every prospectus warns you that past performance does not predict future results, we all kinda believe that past performance predicts future results and the prospectus is just saying that cause the dumb old stodgy SEC makes them.[/quote]
You sort of have to go by past performance. It might not match but that is the best guess. If not, my planning on getting 9 percent returns and being able to retire early is a bad decision.[/quote]
Why is past performance the best guess?[/quote]
Because you can’t know future performance without a time machine?
Took years for me to know something about stocks to not make so many mistakes investing although I don’t know options yet. Don’t know anything about bonds really. But from researching what a Bond fund does, it does seem like a really bad time to buy bonds if you think Interest rates are going to go up. If it goes up then the existing bonds lose value and I would guess that rates are probably going to go up. So staying 100 percent in stocks is probably the best thing to do. Stock market just seems to go higher and higher.