teraflop

Society's well-being is vastly more exposed to the debt, credit, and commodity markets, you just don't see it and corporate, municipal, state, and federal bonds just don't have the excitement of stocks. We engage in the equity markets because of the belief that the risk will be balanced with greater return. As yourself the question, if you had $1000 to invest, would you put it in a 4.5% CD for a future purchase of a house (or 2nd house or whatever) or would you instead put it into GLD or YHOO to capture possible capital appreciation.