Charlie C 's Financial Take To-date
Even though I no longer trade in the market, I have some mutual funds that make my 401k's and my wife's as well; so, I keep up with the market with my eyes half open. Some of the current facts:
It appears the pessimists are losing. Markets are near their all time highs, the housing market seems to be in a sustainable recovery with home values, home sales and residential construction steadily increasing, and the Federal Reserve continues to be focused on the labor market and on keeping interest rates low. While I will admit w e are still a far cry from the economic growth of the 1980s and 1990, the positive economic news and signs of strength we are seeing here in the US and in Europe are encouraging.
Stay away from bonds, period!
They are now high, high risk.
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Always remember that the stock market is thinking 6-9 months ahead. A lot of water will go under the bridge before the world markets impact our shores. So, be very, prudent about new investments.