Wednesday, May 31, 2006

Stock Sell-Off: The Pause that Refreshes

Stock Sell-Off: The Pause that Refreshes: The Future for Investors - Yahoo! Finance

Another great piece by the good professor (Jeremy Siegel, Ph.D). He believes that the market is looking for the fed to finally stop raising interest rates, when it does this pause in the rise of the market will continue again.

As I always say - the short term is impossible to predict. I still believe a globally diversified portfolio of stocks, bonds, and cash will give you a reasonable after-tax, after-inflation return.

Scott Dauenhauer, CFP, MSFP