It's amazing how NOBODY in America thinks this can happen here...
That is, if they are even remotely aware of what's befallen buy-and-hold, down-averagers in Japan since the late 1980s.
People just dump money, blindly, every month/quarter, into mutual funds and haven't a clue about what exactly they are *investing* in, and what risks are entailed.
But they don't want to know either. The idea that one can passively invest and get rich is just far too appealing. It's sort of like an omnivorous couch potato thinking that simply taking a Big Pharma pill will make him healthy.
Go to 30% cash, at least...
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