This is an excellent article by Bill Ngyren where he discusses the absurdity of bonds being considered as “low risk” at current prices, and high current dividend paying stocks inflated valuations. I think that the points he makes really provide sound insight that should be thoroughly assessed when making asset allocation decisions in the current market environment.
http://news.morningstar.com/articlenet/SubmissionsArticle.aspx?submissionid=148703.xml&part=1
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.