My mid/longer term indicators suggest that we've been in a Bear since 2000. That indicator also suggests we could remain in such until 2013 or so, when the FT100 would have a yearly peak of around 8000 and average of 7000 (around the same as the 7000 FT100 level highs that we saw during 1999), and a low of around 5800 to 6000.
All very ball-park figures, but if in any way accurate that amounts to around a 2008 current to 2013 peak providing a 8% p.a. capital price appreciation between now and then. Coupled with some good quality stock presently priced at 8% dividend yields and that's a 16%+ p.a. total investment benefit potential.
I suspect that new money injected at present levels is money well spent providing you have the character to ride through some turbulence in the interim.
Better opportunities may arise between now and then, but depending upon the timing the current 10% to 20% cash reserves would have swelled with added income from dividends.
Stocks/Bonds/Managed Futures
Stocks/Bonds/Managed Futures
