- Top Features:
- War Room
- Glenn Greenwald
- Broadsheet
- Joan Walsh
- Camille Paglia
- Since You Asked
- Follow Salon:
Read other letters about this article
While it is natural to feel bad, the thing about the current crisis is everyone is caught in it. Just because your husband took the overly conservative approach and holds CDs, doesn't mean his choice is the better one! He has protected assets, BUT unless that interest rate on his CDs stays high he is going to see the deadly effects of inflation chip at his savings.
In other words, the idea that somehow his CD approach is "superior" and that you have a "losing" portfolio is total b.s. I strongly believe your investment strategy is superior - it may not look like it now, but in 25 years when you have 2.5x the amount of his investment...
A previous commenter has it right - if the stock market doesn't bounce back by 25 years, I'd take your money and invest it in guns, because you'll need it to protect your cave from the neighbour tribes.
