America’s Lost Decade

by James & Miel on April 2, 2009 · 0 comments

Hi All,

Of all the financial columnists out there, I really enjoy Jane Bryant Quinn, she says the best stuff. If you haven’t caught her column on Bloomberg, its well worth checking out.

Her most recent has a couple of interesting points.

First, this isn’t a shocker but its sad nonetheless. If you invested in stocks over the last decade, you lost everything – your return level is where it was at in 1997. You’ve literally lost a decade of investing time. – No joke. Any wealth creation you banked on during this time was whiped out.

Second, both stocks and bonds are cheap right now. If you’re looking to get in, now is a good time, especially for junk bonds and equities.

Give it a read – over at Bloomberg.

Best,

James

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