Is today's scenario so severe?

Unfortunately yes.

Markets have never been so volatile. What if you invest in Treasury Bonds and inflation occurs? In ten years the value of your money will be much lower. Taxes rise and the economy doesn't get any better.

 

In order to get out of this, it's absolutely necessary to focus on a type of investment that provides you a stable income on the short term, and that is able to grow in case the inflation would eventually rise.

Luigi Foscale