Very smart guy. He says all the things I am saying too and I thought about it for a long time.. Retirement isn't sure, although all the idiots are thinking it is. People cannot work so little and then get so much retirement for a long time, it has nothing to do with the stock market. But everybody putting their money in the stock market can make for a depression when it crashes. Or the government will do something about it, this will lead to extreme inflation, there always will be consequences.
I know, I know - diversify. I remember an old book that broke down diversified investing to the basic of 4 areas and depending upon your age and risk appetite you can modify the percentage invested in each. Basic was 25% Stocks - 25% Bonds - 25% Real Estate (not your house) - and 25% Gold/Silver/other PM.
Very smart guy. He says all the things I am saying too and I thought about it for a long time.. Retirement isn't sure, although all the idiots are thinking it is. People cannot work so little and then get so much retirement for a long time, it has nothing to do with the stock market. But everybody putting their money in the stock market can make for a depression when it crashes. Or the government will do something about it, this will lead to extreme inflation, there always will be consequences.
Rotschild1957 1 year ago
the real irony is that Russia and China are embracing the future whilst the USA is clinging to the past.
straty01 1 year ago
Why doesn't he just say it, invest in precious metals and agricultural commodities...
PeaknikMicki 1 year ago
....and that would be to invest in....? what?
I know, I know - diversify. I remember an old book that broke down diversified investing to the basic of 4 areas and depending upon your age and risk appetite you can modify the percentage invested in each. Basic was 25% Stocks - 25% Bonds - 25% Real Estate (not your house) - and 25% Gold/Silver/other PM.
What are your thoughts?
BRINK00 1 year ago
Wow!!
toshibavoodoo 1 year ago
Exactly
zalida100 1 year ago