Stock Picking Risky Business - Tulsa Business Journal
What we believe makes sense is "Stocks for the Long Haul" and "Bonds for the Short Term".
Utilizing these asset classes as Building Blocks to create 'A Plan' consistent with your financial situation is an imperative. Regarding "Stocks for the Long Haul," it may be helpful to consider Warren Buffett's perspective: "Betting against free enterprise capitalism doesn't seem to work very well." We'll stick with Warren and put our chips on "Stocks for the Long Haul" without concerning ourselves about 2009 as a definitive statistic". - Tom Warburton