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<p>[QUOTE=&quot;fatima, post: 1281526, member: 22143&quot;]Even this isn&#039;t good advice anymore.&nbsp; Anyone who has done this would be at a net loss now over the past 15 years when the opportunity cost of the money is also subtracted.&nbsp; In the past 11 years, it is a flat out loss.&nbsp;&nbsp; 15 years is considered 1/2 of a lifetime working career in regards to 401K investing.&nbsp; &nbsp;&nbsp; (admittedly the 30 year career isn&#039;t realistic for many now.) </p><p><br /></p><p>Until the stock market is returned to something that resembles industrial output then even the major stock indexes are a very risky venture now.&nbsp;&nbsp; Before the Federal Reserve started the QE nonsense in 2009 but after the credit bubble had popped, the S&amp;P 500 had dropped to ~650.&nbsp; This would be my bench for it&#039;s true value.&nbsp; Now that we have had QE1, QE2, and endless other paper scams being put forth to save the banks, it&#039;s hanging around 1200+.&nbsp; This is a 100% change in just 2 years in an economy that is otherwise failing.&nbsp; How can anyone justify a 100% run-up of this index while millions of middle class have been made unemployed, there are record numbers of people on food stamps, the real economy is failing to employ the willing worker, and inflation (real inflation) is rising.&nbsp; </p><p><br /></p><p>In other words the equities markets are being driven by the attempts to create a perpetual motion machine by the finance industry and this is nothing that anyone should consider letting run on autopilot.&nbsp;&nbsp; There is no longer anyway to judge it based on traditional metrics as the federal government and federal reserve have made it impossible to judge risk.&nbsp;&nbsp; It&#039;s the ultimate failure of centrally planned economics.&nbsp; </p><p><br /></p><p>People invest in gold as a hedge against this mess.&nbsp;&nbsp; People will have to decide for themselves if this makes sense for them or not given their own set of life cycle situations.&nbsp;&nbsp; However it should be clear enough the advice that &quot;stocks have always done well&quot;, and that because stocks did well in the vast unsustainable credit run-up, they will do it again in the future is nonsense.&nbsp;&nbsp; IMO, there is everything to suggest that once these experiments in QE and other voodoo economics have exhausted themselves, it won&#039;t look pretty for equities.[/QUOTE]</p><p><br /></p>

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