Am I mistaken or did you intend to write, “Stocks have still only just edged ahead of [bonds]….?”

The US and its market isn’t just another country, it’s so vast and influential that everyone around the world has to take it into account.

E.g. Well over half of CNBC’s daily broadcasting here in the UK is your US output — morning call etc! I presume not reciprocated.

Besides all that, half my readers are American, and the basic principles apply in all capitalist democracies.

Intersting historical study. I really enjoy a 4% risk free return on long term CD’s. It’s fine and good enough for me.

Everything else is play money!
.-= Financial Samurai on: The Mental To Physical Connection For A Healthier Lifestyle =-.

We’re heavily invested in stocks now, but will slowly turn towards bonds as we get near retirement. As long a we stay diversified, we should be okay. Luckily, we are young enough that this crash actually helped us since we were able to double our shares in less than a year and rode the wave up.

I figure we’ll have to sit through a few more crashes in our lives, so we’ll have a heavy opportunity fund to keep us going through those as well.

Thanks again for the time you took to get those numbers together.
.-= Budgeting in the Fun Stuff on: Determining Our "Allowances" =-.

Your comments are misleading and dangerous, and I don’t spend 3-4 hours writing articles to have you append your mantra at the end of every post.

There is no conspiracy about valuation in the stock market. This very article mentions valuation. Another reader Niklas pointed to an article just the other day in the massively influential Economist magazine about valuation: http://www.economist.com/business-finance/displaystory.cfm?story_id=15580336

Everyone knows about valuation. It is discussed non-stop.

In your deleted comment you asked why wasn’t Buffett giving warnings?

He was – he gave a speech at Herbert Allen’s Sun Valley retreat in front of Dotcom moguls at the height of the bubble in 2000. He told them the market was massively overvalued and that many of them would go bust.

Read the start of Alice Schroeder’s Buffett biography The Snowball for a long piece on the Buffett speech. It is a very famous incident.

Then read The Intelligent Investor by Benjamin Graham, which also discusses over and undervalued markets, and the dangers of the former, and thus why it is desirable to invest in the latter.

Graham, who was basically a Mozart/Shakespeare level genius — he spoke a dozen languages including Latin and Greek and made millions in stocks for fun – considered it prudent to keep 25% in stocks in even the most bullish market conditions because he knew how difficult market timing based on valuation or anything else was.

He wrote about valuation in 1935. Yes, this ‘conspiracy’ you see didn’t even exist in 1935.

Enough is enough.