You Asked, So We’ll Answer FOQ: (During a meeting…) Everything’s down – did you just say that’s good? Short: Yup. Long: Well, without down markets, we would not have much of an up market over the long run. Stocks have averaged about 10% forever. And that’s more than cash, bonds, commodities, CDs, gold and other metals, annuities, currencies, collectibles, and just about anything else. But for that long-term reward, we must absolutely experience some short-term suffering – that is, the manifestation of risk. Reward and risk are inextricably related. Anything said to the contrary is either a sales pitch …