Richard really knows his stuff, but don't be forced to liquify all your positions and then invest in foreign crap. Hold on your cash...wait for a bottom and then reinvest in your local economy.
The "multi-year bear market" is only telling you to get out of the heavily manipulated stock market and use that cash to invest in LOCAL economies. Don't invest in foreigners.
If the banks are belly up, then so what? We don't need banks to make money. Make more money and keep it here!
OK...so all the money you DONT make in the market, because its FUBAR, invest locally in things that make your local ecomony better. Sorry, but investing in foriegn equities thousands of miles away aint gonna improve the situation for people in your neighborhood. The multi year bear market can only work for foreigners if you give up hope in your domestic economy.
thanks!
giroguy22 3 years ago
Richard really knows his stuff, but don't be forced to liquify all your positions and then invest in foreign crap. Hold on your cash...wait for a bottom and then reinvest in your local economy.
The "multi-year bear market" is only telling you to get out of the heavily manipulated stock market and use that cash to invest in LOCAL economies. Don't invest in foreigners.
If the banks are belly up, then so what? We don't need banks to make money. Make more money and keep it here!
peltecs 3 years ago
OK...so all the money you DONT make in the market, because its FUBAR, invest locally in things that make your local ecomony better. Sorry, but investing in foriegn equities thousands of miles away aint gonna improve the situation for people in your neighborhood. The multi year bear market can only work for foreigners if you give up hope in your domestic economy.
peltecs 3 years ago