Robert J. Shiller 9/5/2014
What should an ordinary investor do with their money in these kind of markets?
'If I was counselling an individual and my purpose was to help that individual, the most important thing would be that you should save more,' says Shiller. 'Because don't expect that your retirement will follow those trajectories that some advisers are telling you.' ... 'So save more is the most important thing. Even in cash.'
invite response
Robert J. Shiller 9/5/2014
What should an ordinary investor do with their money in these kind of markets?
'If I was counselling an individual and my purpose was to help that individual, the most important thing would be that you should save more,' says Shiller. 'Because don't expect that your retirement will follow those trajectories that some advisers are telling you.' ... 'So save more is the most important thing. Even in cash.'
http://www.thisismoney.co.uk/money/investing/article-2742297/PROF-ROBERT-SHILLER-INTERVIEW-How-stocks-crash-2014.html