i come from a backround of managing money, and my fathers still in the business. i agree with vehn, its tough to reccomend treasuires at historical 40 year prices, even though i have been saying that for awhile now and they keep rallying, but still dont think its suitable for a passive investor. i got my last batch of clients in tresuries early this year. personally, what my father and i have been reccomending is following the dividends and yields. look for good companies that are paying nice dividend, this can provide a floor for the stock when value players come in, helps offset depreciation, and at least your getting paid something while you sit. Furthermore, in a time of questionable earnings, cash flow is easier to follow, a div is tangible, and indicative of financial health as they increase. look at it this way: you could be in the bank making 1% you could tie your money up in a 10 year note and yield 3.6%/yr you could put your money in div. producing securities yielding 5-6 or even 8% plus. where do you think you will be best off in 10 years? its no coincidenc div. paying stocks are outperforming the market, investors are seeking something tangible and easy to understand vs. no div and complex earnings. and look at other securities rather than just common stock! anyway if you are interested PM me and i will give you some suggestions/examples.