- cash equivalents
- cash equivalents provide no interest, don't bother
- bonds are bad investments because interest rates WILL be going up any time now
- stocks are the best investment and provide the highest returns, although with higher risk
I bit my tongue and did not ask how interest rates had done in Japan after their housing bust and how did that compare with US interest rates since 2008?
I didn't ask if international stocks were a good investment when the dollar was rising against foreign currencies.
I didn't ask how their mutual fund expense ratios affected total return over time.
I didn't ask how she slept at night because I don't think she knew any better.
Mainly what I took away from the presentation was "We have a running wood chipper, put your hands in as far as you can."