Paul Sullivan’s Wealth Matters column this week notes that bonus season on Wall Street always evokes the image of highfliers blowing their bonus money on fast cars and penthouse apartments. But, he writes, while that certainly happens, most of the bonus money has long been split between the boring and exotic.
This year, there’s a twist. Wealth advisers say more of the moneyed class is turning to the downright basic: equities. Stocks may not be as flashy as an exclusive hedge fund, the column notes, but that’s the point.
Do you think investing in stocks is a good idea, now that the markets have recovered somewhat from their plunge in late 2008 and early 2009? Or are you still concerned about volatility in the markets?