Re: How safe is the stock market?
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Maybe because bonds are near an all-time high? They dropped back a little after the Bernanke Bomb, but they are still very high on a historical basis.
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True, although they're lower now than at many times in the last few years. But I don't really think that has much to do with it. I just see a fairly pervasive attitude among younger people in particular (but this includes a lot of 30-somethings) that stocks are likely enough to crush bonds in the long term, that they decide to just put it all in stocks and trust in the uber-long term.
I am just curious if there is any theoretical or academic support for going all-stock if you are young enough and not very risk-averse.
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