I am 100% in cash (CD's and reward checking) and sleep every night without waking unless I hear a strange noise. None of my friends can say this. We have read of algorithms bringing the market down hundreds of points in minutes. We know the computers can do 10,000 trades a second to make a fraction of a penny without any human input. This is not investing. It is gambling on which computer is fastest and what genius can write the best program. My opinion only.
This link below is nearly 3 years old. I am not willing to put even a portion of life time savings into something that I feel is not well understood. (at least by me) I love new ideas etc but to trust my savings in them is a choice I am not willing to do at this time in my life. Log In - The New York Times
“Sometimes, too much technology without the ability to manage it effectively can yield some unintended consequences.