Right, you can cherry pick 10 year periods of time when the S&P did good, but don't forget about all those times it crashed. The problem with following Wall St

Right, you can cherry pick 10 year periods of time when the S&P did good, but don't forget about all those times it crashed. The problem with following Wall Streets advice to put all your money in stocks is that they make too much money from trading commissions to trust them for impartial advice. Typical investment advisors tell you to buy stocks and then point out that over the last century stocks have done very well. The problem is that none of us are investing on 100 year long timelines. We are usually investing on 30-40 year timelines and hoping to have a good amount saved when we retire. If you happen to need to retire and start pulling money out in a bad year like 2008, you're screwed. Check out this allocation for returns as good as stocks without the huge downside risk: http://crawlingroad.com/blog/2008/12/22/permanent-portfolio-historical-returns/ http://crawlingroad.com/blog/2008/12/22/permanent-portfolio-...