My ventures are not in one bottom trusted, Nor to one place; nor is my whole estate Upon the fortune of this present year.
Therefore my merchandise makes me not sad.
—William Shakespeare, The Merchant of Venice
After five days (chapters) you may now believe me when I say that stocks are less risky than bonds. But this is only because you know that I mean that balanced against long-term retirement income needs, you have a greater chance of reaching your objectives if you invest in stocks. But you also are a student of the market and know that, just as it did in 2008, the stock market can drop by 37% (the S&P 500, in this case) or more in one year.
So what do ...