"...is that you should put your money into Mason jars, bury them in the back yard, and shoot your fucking stockbroker in the head."
I cannot tell you how much I despise the "Edward Jones" brokerage ads, the one where the customer comes in at the crack of dawn and the broker says "in my experience, in this kind of market.."
Right. Unless the idiot sitting in that storefront office somewhere has been a stockbroker since 1932, he has no experience with a market that has dropped so much. The Dow Jones is down over 50% from its peak, a drop that has not been seen since 1932, though admitted the market has to drop a hell of a lot more to plumb those depths seen in `32.
No, they have no experience in this kind of market. They, like everyone else, are engaged in heavily whistling past the graveyard. For them to pretend otherwise is bordering on criminal fraud.
Bastards. All of them.