For a long time, the most prominent financial analysts and advisers told Americans that the best investment they could make was buying a home. Now, almost ten years after the collapse of the US Housing Market that triggered the Great Recession, that prevailing advice has changed.
David A. Levine, writing his column for the New York Times, offers a competing piece of advice, which may scare many. He says we should be investing 100% of our assets in the stock market. Looking at historical return data across a wide variety of investment vehicles, the stock market continually outperforms every other asset class.
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