Is Everyone Petrified? Great! Break Out Your Checkbook

Is Everyone Petrified? Great! Break Out Your Checkbook
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If that observation this week from Adam Grimes -- chief investment officer of Waverly Advisors and author of â??The Art and Science of Technical Analysisâ? â?? is correct, then itâ??s entirely possible that investors are looking at another moment of history, one of those points where fortunes are made or fumbled.

It appears to be one of those times when investors will be able to look back and say, â??Here is the decision that cinched (or ruined) my ability to retire on my own terms.â?

A study released this week from BankRate.com noted that 76% of Americans say they are not more inclined to invest in the stock market right now, at a point where interest rates on savings accounts and certificates of deposits are at record lows but the stock market is at new highs. Thatâ??s the same percentage as a year ago, before the market had scaled new heights.

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