Balanced Fund Update & Market Thoughts
This is a follow up to the article I wrote on Aggressive Savings Techniques using Balanced Funds (for intermediate term). I am not going to do a quantitative analysis right now. I want to wait for the year to end to see where things end up.
But yikes! When I wrote the article, I didn't believe we would enter into the worst economic crisis since the Great Depression. (Don't interpret that line as this crisis is just as bad as the Great Depression. Some people I've talked to make that allusion when they hear this and that is plain wrong. While the current crisis is very bad, it is nowhere as bad as the Great Depression. Perhaps the phrase, 'Only the Great Depression has been worse in the past 80 years' would be more clear.)
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