Not that I have much choice in my 403(b) – it’s stocks or bonds, no cash option.
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by Michael Froomkin
Laurie Silvers & Mitchell Rubenstein Distinguished Professor of Law
University of Miami School of Law
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Note also that The Single Greatest Predictor of Future Stock Market Returns is indicating a 10-year SPX return of just 4%/y, a value low enough to suggest a crash followed by a recovery. Bonds may be a better investment until after the crash.
Very interesting article, thank you.
Warren Buffett would tell you that a stock market crash is a buying opportunity.