From today’s Wall Street Journal, news that should chill everybody who thought they could depend on rising stock prices to fund their retirements through 401k)s, which they were forced to take instead of pensions:
The stock market is trading right where it was nine years ago. Stocks,
long touted as the best investment for the long term, have been one of
the worst investments over the nine-year period, trounced even by lowly
Treasury bonds.