http://danielamerman.com/ Financial expert Daniel Amerman, CFA, succinctly shows how most investment strategies intended to survive the breaking of government retirement promises instead increase retirement risk.
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