"Having been burned twice in 10 years," says Mr. Eberlin, he now has about 80% of his family's assets "protected from the market" in certificates of deposit and fixed annuities. "I don't have trust in Wall Street to help the small investor in any way, shape or form."
Frustrated by the losses and broken promises, people have shifted away from Wall Street to the "safety" of bank sponsored certificates of deposits. A classic example of out of the frying pan and into the fire. History clearly illustrates that equities, as fractional ownership in real assets, provide at least some protection against devaluation. Cash distributions do not. History also suggest that equities are no safe haven during periods of aggressive devaluations. A study of American, German, French, English (as so on) markets, illustrates why.
This is why your inner voice is so important. It must learn to speak the language of money (fiat or sound), because very few understand, probably better stated as care, about your best interests.
Source: finance.yahoo.com
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