They really have done a good job convincing us that cash is bad, to the point that I have an adverse reaction just considering it! I do see the wisdom in eventually putting money into index funds, and almost convinced myself to go for some large cap growth stocks since they have seen little gains the past decade and pay good dividends. But I am convinced that those investments will be cheaper a year from now so I am not buying.
Powayseller, have you read the book called ‘The Only Guide to a Winning Investment Strategy You’ll Ever Need’ by Larry Swedroe? I just started reading it this week and since you have studied everything I’m think you might have seen this. I’m not trying to plug the book, but a buddy of mine works at an asset management firm and sent it to me. He used to work for a brokerage like Merrill Lynch, but he is now convinced that the strategy in this book is solid and that his previous job was a joke.
