remember that interest rates will never rise! yes I know that sound odd.
major changes happened some years ago. first in Japan and now the west and china.
growth wont happen- can't happen.
the reasons for growth and high interest rates have all gone.
read fred vettese book at least chapter 6.
the essential retirement guide. for a starter of this new understanding.
high paying jobs are being replace with low pay jobs etc. etc
as always the past does not necessarily forecast the future as many mutual funds say - surely ETFs are better now?
also according to Bloomberg the main or only reason that shares have increased is company buybacks which just mean the CEO gets more pay. no more is put into investment.
thank for everyone's ideas
I took a while to reply cos of that password chaos