Just shoot for 5-10% returns, no more no less.
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And, not gonna lie, reading the Yellen article on RoK has got me pretty scared about the money I've already put into stocks
One piece of hard truth i am going to give you here, is if some random dude on the internet who has zero economic pull can make you scared about the economy you've got to become less attached to your money. I don't even know what article you are referring to but $1,000 says it is written by someone who literally has zero pull or say in the economy. Try predicting the economy and you'll be just like those dudes who said "investing in the stock market is dead".... back in 2010.
Ignore ignore ignore and buy assets that will return ~5-10% over the long-haul.
If you're worried about inflation and/or devaluation of the dollar, buy some assets or securities overseas. That's the best hedge you will get.
With all the posts I see on here talking about investing in the stock market now, i'm slowly diversifying AWAY from the stock market. Just this week I had a cab driver pitch me on buying "solar" stocks. At that point you know its time to look into other ideas. Make no mistake I still own securities but I'm no longer 100% exposed to equities like i have been the last 6 years or so.
This was the biggest year i've ever seen in my career and yet people are trying to tell me the "economy is weak". If you can't find ways to make money in this economy you're living under a rock.
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I am giving too much info out now but as a rule of thumb:
$100K in invested assets = focus 100% on making more money/saving more money and simply dollar cost into indexes
$300-500K in invested assets = Seek out indexes, LONG-TERM preferred agreements. People who lose their money in the $100K range think that its all about "liquidity". NO. you want to lock up an investment in the 6 figure range for 3+ years because you'll get better returns, have stickier connections and likely receive a small preferred return
$1M+ invested assets = seek out indexes, long-term and *ultra* long-term investments. Ultra is a stupid word but what i am referring to is high risk long-term payout investments like a VC. At that point you can lose $25K and not die. But again you need to be well over the stick mark.
Assuming you're in the 100K range just don't worry about it save and diversify looking for 5-10%. Once you start creeping up on good money you can start to look for better ideas.
Everyone and their mom always wants to have "liquid assets" naturally this is how poor people think. There is actually great value in having a long-term investment, it's a relationship, slightly higher return profile and increases your ability to deal with volatility.
As an example a typical 4-6% yield investment could creep up to 8-10% if you choose the right market and lock yourself up for 3+ years.
