When I first saw this article from Time magazine I had to check the date to make sure it wasn’t an April fool’s gag (hat tip, @caret311). File this under “things you don’t see at the bottom.”
The advice in this article is literally, ‘don’t worry about dollar cost averaging or even diversifying. Put all of your money in the stock market and do it today.’ It justifies the advice by suggesting the person has such a long time frame that this is really not very risky at all.
I hope somebody shows “Rod” what the real risk/reward setup looks like in the stock market right now. It might make him rethink going “all in.”
Chart via GMO