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In Response to They Got 2012 Right. What About 2013? by kom2010
I'm in the group that agrees with Chris7715. I won't do my (mostly) usual rant. I simply don't believe that the markets can keep going up with so much debt/deficit all over the world and no (arguably) consensus on what to do next. I've stated over and over that either I live in a fantasy world and the markets continual upward march is because I'm totally wrong, or everyone else is in the fantasy world.
As far as bonds, can't generalize. I'm sticking with junk bond funds, domestic and foreign, that certainly won't give me 15%-20% total returns I had in 2012, but won't crash. Treasuries are another matter.
As far as investment 'experts' --- I don't know your background, but if you spend a couple of hours a day looking/reading macroeconomic reports, foreign and domestic financial news, and the prognostications of 'experts', you'll know they are overwhelmingly wrong, decade after decade.
Most recent example would be just the last 4 years. Overwhelmingly, the 'experts' stated that every year, (for the past 4 years) interest rates would be raised. 4 years later, no raise and none expected before 2014. Very basic, wrong prediction but a 'game changer' as far as prognostications.
And, of course, all investors should know that more than half the mutual funds, over the past 4 decades, didn't do as well as the index they are mostly aligned too. Therefore, for a number of reasons, funds managed by people paid to get as high as return as they can given their fund parameters don't do well.
Therefore, you're on your own when it comes to deciding which 'experts' to listen to.