PAUL B. FARRELL: Why buy-and-hold investors should be optimistic
http://newsdoors.blogspot.com/2013/06/paul-b-farrell-why-buy-and-hold.html By Paul B. Farrell, MarketWatch
Did you read my recent column,“Doomsday poll: 87% risk of stock crash by year-end?” Surprise, our Lazy Portfolio gurus totally disagree, aren’t buying into the fear. In fact, they’ve been riding the bull rally since 2008. Plus they’re predicting a bullish stock market for the next decade.
So forget the end of the bond bull, look past the Fed’s cheap money, past China’s credit problems, America’s dysfunctional politicians. Our totally surprising gurus have enormous trust in the stock market’s future, in their Lazy Portfolio strategies and their performance in bulls and bears, rallies, meltdowns and recoveries.
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