I have read so many of your posts, and they seem most sensible. What is your time horizon? Do you think this "pig will fly" at some point during the next decade (ignoring bumps due to gov't sell-off).
My concern is that I will be returning to the day-job world soon, and won't have time to watch my back, buy on dips, etc - i.e., pay for the retirements of folks 10-40 years older (my 87-y.o father included who is happy as a clam)
"I have read so many of your posts, and they seem most sensible."
Why, ... I've never been so insulted in my life!
"What is your time horizon?"
I generally start thinking about dinner around mid-afternoon.
"Do you think this "pig will fly" at some point during the next decade"
I have no idea; I don't follow the stock, only the message board. I could guess, but that's exactly what I'm on this message board to take issue with - wild guessing poorly disguised as fact or analysis.
"My concern is that I will be returning to the day-job world soon, and won't have time to watch my back, buy on dips, etc"
Then why buy into something this volatile? Why not pick something just a wee bit more stable? If you don't have time to watch it, that just makes it more of a gamble rather than an investment. Which are you looking for, investments or gambles?
And what fun is a gamble anyway, if you don't have time to watch it swing wildly from one extreme to the other, giving you ulcers, sleepless nights and a nervous breakdown? Without watching it, you get none of that.
Sure, there are any number of posters here who'll tell you (if they haven't a hundred times already) that AIG is a sure thing, no sweat, piece o' cake, the easiest path to Filthy Richdom you'll ever find. They even said it all the way down from the low 60's to where it is today.
You're telling me you're not so sure, I'm telling you I don't know, and together we still don't know nothing. But just sit back and watch the responses come pouring in from everybody here who know everything. You'll have all the answers in a matter of hours.