We are recruiting one postdoctoral fellow to work at UC San Diego on the fundamental research of interfaces in metals and ceramics, and their roles in controlling fabrication processing and mechanical and functional properties, with a focus on structural materials (including both metals and ceramics). Exceptional candidates who specialize in computation and modeling, particularly those with strong experience of modeling interfaces in metals and ceramics, are also welcomed to apply. If you are interested, please see http://jianluo.ucsd.edu/Postdoc_2014_818.pdf for additional information and how to apply. Thanks!
Right. It is precisely because days like this enable the "equity premium" (the extra returns from stock comparing to bond/money-market funds). Otherwise, it makes no sense. If stocks climbs 6% a year steadily, who would ever put their money in the 1% money market account? Asset allocation works. Dollar-cost-average works. And value-average (as you described below) works even better. All assets have strong mean reversion tendency (just look at the "buy now or priced out forever" claim on houses). Remember to buy low and sell high, how complicated is that? However, the stock market is still over-valued comparing to the long- term average at the moment, but just 20% less over-valued comparing to few weeks ago.