Have the figures been corrected for inflation? Now a question for the informed: I have heard that the Federal Government, or one of its offshoots, has been directly or indirectly supporting the stock market. Is that true, and if so how?
I had an interesting conversation with some smart, middle aged people about a month ago. Their 401Ks are going up under Obama, so they voted for him. As long as their retirement is OK, they like our “leader”.
And look at the 2012 dividends... An all time record... And these “smart” people say that’s a good sign... Never mind that many of the dividends that were paid at the end of 2012 were advanced from future years, and even borrowed, to avoid the 2013 tax increases for their share holders...
Are CD’s reflecting inflation? Sometimes you have to go with the best available.