Under the Radar
Important things that might have just escaped your attention...
Tuesday, September 22, 2009
How the crash is rewriting investment rules
They said we would get 8% return on investment in our pension plans... Ha! Madoff level returns.
Now they say 4%.
I think we will be lucky to get 1% because the last 30 years of "normal" growth required 10 dollar a barrel oil, and we will never see that again.
http://www.salon.com/wires/ap/business/2009/09/21/D9ARURPG0_us_meltdown_investing/index.html
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