Title: Excellent *****John Merril has done his homework.
Product review: John Merril sets up three portfolios,each holding stocks bonds and cash.He takes the reader thru every bull and bear market from 1926 thru 1997. Many authors of investment books avoid the investment history of the 1930s and other prolonged bear markets but Merril wants the reader to realize the risk and the reward that comes whith investing.I would urge anyone who has a 401k plan or Ira to purchase this book. Mr.Merril may have some different views then others when it comes to indexing and foreign investing but explains his views honestly.This is a great book and I don`t know why since it`s published over a year ago that no one has reviewed it.This is a book that should be updated every year.
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