"Smart money" moving away from stocks

These people are idiots, IMO (I'm sure they care what I think).

They may be right in seeking out alternative investments to equities, but those they cite in the article are anything but less risky.
 
Must be inherited money.

What they consider "alternative" are just illiquid black boxes full of more stocks, and they won't figure it out till it blows up.
 
Wow I dont understand them. They are concerned with capital preservation, and they are willing to live off of 3% of their assets. So why the hell don't they put all their money into MMA's and Tbills?? They'd be getting 5.5% return without risk. Geez.
 
Quote from deviltrader:

Wow I dont understand them. They are concerned with capital preservation, and they are willing to live off of 3% of their assets. So why the hell don't they put all their money into MMA's and Tbills?? They'd be getting 5.5% return without risk. Geez.

Do you think Tbills are risk free when WWIII is just around the corner? :D
 
Quote from deviltrader:

Wow I dont understand them. They are concerned with capital preservation, and they are willing to live off of 3% of their assets. So why the hell don't they put all their money into MMA's and Tbills?? They'd be getting 5.5% return without risk. Geez.

That would ASSume the real inflation rate was lower. Sorry, its not. It would also ASSume our government can pay its cebts. Sorry, it can't. The only way it pays its debts is to print more money to pay it with. And that in turn causes more inflation.
 
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