First, let me say that I am a complete novice to investing. However, I have adopted the Boglehead phiosophy as it makes more sense to me than any other investment strategy. I am a wee bit confused about a couple thigs though. So, I just read this article (noise) tha pretty much summed up the fall of the dollar and subsequently US/global economy. In this article the author pointed to the Fed printing all this cash for several years as the main culprit. The author states that it is this dynamic not real recovery that has been driving stock and bond prices higher, and so on, etc..... I guess my question is.....Is this not the way that things have worked for a long while? I mean to say, isn't this and other factors the entire reason that there are market corrections? Why all the doom and gloom if this has been th SOP for years? I realize this may be a stupid question for all those who know what they are doing....but I don't...that's why I'm here
BTW I'm 71% equity and 29% bond allocation at 34 years of age. All at Vanguard, thanks to the awesome advice on this board!! Thanks in advance guys and girls!