As for accumulating a nest egg, the survey showed that the main savings vehicle for most people is a regular savings account at a bank or thrift. But the next most popular investment is stocks. The Times poll shows that Southland investors are generally confident about the stock market. We're in it for the long haul. Even if it ebbs, it will flow again.
Companies are just overpriced right now.
There will be some type of correction. This is the only way I can get the returns I need. I'm here for the long haul. Of course, many investment professionals are skeptical that so many small investors would in fact stay put if the market declined precipitously. The market just keeps going up and up.