You Got Screwed!
Chapter One: What Happened?
"Stocks for the Long Run...Buy and Hold...Next stop, Dow 36,000...Stocks as the only asset class worth owning...Tech Blue Chips...Stocks always come back...Don't ever sell...Selling's for losers...Why not put Social Security into stocks, after all they are the safest investments..."
Ahh, that litany, that rock-solid litany of reassurance about equities. Is there a soul on the planet who didn't suffer from the multiple brainwashings that the media, the academics, the brokerage houses, and the mutual funds mercilessly beat into our heads for a decade? Amazingly, after trillions were lost, we still have no regrets, no apologies, nary a mea culpa from those who heartlessly led us to the financial slaughter that outranks even those of the nightmare generations 1973-1974, and, ala ... read full excerpt from You Got Screwed!: Why Wall Street Tanked And How You Can Prosper ebook
