Terry Headley was interviewed for a story on NPR’s Morning Edition about defined contribution plans such as 401ks. Headley acknowledged that while the markets have had a lost decade, he believes that the fundamentals of individual retirement investing are sound. Said Headley: “Sometimes we tend to take a very short term perspective on really a long term investment strategy. Over the last 75 years there has been no better place for an investor to be than in the companies of the United States of America.” Access the interview here.
Recovered from the saved listing 2011/08/index.html. The original standalone capture is unavailable; this may be an excerpt.