Warren Buffet has an op-ed in today's New York Times basically exhorting folks to buy US stocks. Probably, that's very good advice while the market is so low.
Equities will almost certainly outperform cash over the next decade, probably by a substantial degree. Those investors who cling now to cash are betting they can efficiently time their move away from it later. In waiting for the comfort of good news, they are ignoring Wayne Gretzky’s advice: “I skate to where the puck is going to be, not to where it has been.”
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