The stress created by the market meltdown is beyond compare. It is very painful to watch your personal financial security evaporate in front of your eyes.
There isn't a single asset class that has been safe by the market demise- stocks, bonds, oil, gas.
They key issue is a crisis of confidence. Now that the fed has injected the capital, the go foward problem is fear. At this time, history is the best teacher. History shows us that we'll come out of this OK. It will take time. Some say years however, we'll be ok.
The Oracle speaks... Warren Buffet says, "Be greedy when others are fearful, and fearful when others are greedy." For me this means that it just about the right time to get back into the market. My suggestion is... Real estate. This asset class has a strong chance to outperform the market and is a good hedge against inflation. My sense is that all of this liquidity in the market will lead to a period of hyper inflation. That in turn is good if you have debts that will erode in value over time.
There isn't a single asset class that has been safe by the market demise- stocks, bonds, oil, gas.
They key issue is a crisis of confidence. Now that the fed has injected the capital, the go foward problem is fear. At this time, history is the best teacher. History shows us that we'll come out of this OK. It will take time. Some say years however, we'll be ok.
The Oracle speaks... Warren Buffet says, "Be greedy when others are fearful, and fearful when others are greedy." For me this means that it just about the right time to get back into the market. My suggestion is... Real estate. This asset class has a strong chance to outperform the market and is a good hedge against inflation. My sense is that all of this liquidity in the market will lead to a period of hyper inflation. That in turn is good if you have debts that will erode in value over time.
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