Financial Safety Services disclaimer
Two predictions from supposed "expert", famous, financial advisors :
https://www.youtube.com/watch?v=9s_6K6xO9zE
“Soon something’s going to happen that will make everyone happy again and the market will go up one more time, and that will probably be the last hoorah. Next year will be not a lot of fun,” Rogers said in an interview with Kitco News on Monday."
Jim Rogers: Enjoy This Market Hoorah Before the Worst Correction of Your Lifetime
https://www.youtube.com/watch?v=tWfoUuntUNc
Peter Schiff: Enjoy the Calm Before the Storm:
Meanwhile, Back In Reality - Some Real World Investment Facts For You:
Real world fact [1] : [aka "the world's best kept investment secret"]:no one can accurately predict future economic events.
Real world fact [2]: its not necessary for an individual to try to guess the financial/economic future in order to safeguard their savings from the ravages of an unknowable economic future.
An Important Question For You :
Despite the fact that the economic future cannot be reliably/consistently be predicted by anyone, are you, dear reader, unwittingly trying to predict the economic future via your own current savings/investment choices?
Let me try to illustrate my question by examples:
Real world fact [3] (a): if you have most of/all of your savings in stocks, then you are [perhaps unwittingly] predicting the certainty of an economic environment in the course of your lifetime which will increase the value of your savings, when in actual fact there can be no guarantee that that environment will actually occur. Stocks might actually decrease in value relative to everything else over the course of your remaining lifetime.
[3](b) : if you have most of/all of your savings in gold/silver bullion, then you are [perhaps unwittingly] predicting the certainty of an economic environment in the course of your lifetime which will increase the value of your savings, when in actual fact there can be no guarantee that that environment will actually occur. Gold and silver might decrease in value relative to everything else over the course of your remaining lifetime.
[3](c): if you have most of/all of your savings in cash and related [eg long term government bonds], then you are [perhaps unwittingly] predicting the certainty of an economic environment in the course of your lifetime which will increase the value of your savings, when in actual fact there can be no guarantee that that environment will actually occur. Cash and related might actually decrease in value relative to everything else over the course of your remaining lifetime.
[3](d]): if you have most of/all of your savings in Bitcoin and related, then you are [perhaps unwittingly] predicting the certainty of an economic environment in the course of your lifetime which will increase the value of your savings, when in actual fact there can be no guarantee that that environment will actually occur. Cryptocurrences like Bitcoin might actually decrease in value relative to everything else over the course of your remaining lifetime.
The exact same principle applies if you have most of your savings/investments tied up in real estate, art, a business, oil, or anything else. As always, the future remains unknown/uncertain. There are [and can be] no guarantees that any of these other investment choices will increase in value relative to everything else over the course of your lifetime!
Real World Fact 4: despite real world facts 1,2, and 3 above, it is still possible to easily protect the future value of your savings against the ravages of an unknown future.
See: Got Money You Can Afford To Lose?[How to Safely Profit In Stocks,Gold,Crypto's etc.]
https://www.youtube.com/watch?v=o7BOdxyAKgo
Financial Safety Services disclaimer
email: onebornfree at yahoo dot com
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