Quote:
Originally Posted by Old School
Majority part of our future pension is in bond market, because stocks are volatile investment, so about 80% are in bonds and the rest in stocks. But bonds give almost zero returns since the central bank lowered the rate to ZERO, like 6 years ago, and why we dont see any panic yet is because the stocks part have been rising, but its at all time high and its time for the business cycle to end and yet another downturn in the economy.
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- The government insured bank accounts will be there
- Debt leveraged investment has always been dumb
- Recessions are wealth creation opportunities as over leveraged assets can be bought at depressed values
"Majority part of our future pension is in bond market" you planning on an "old folks pension" next year? "No balls -- no glory."
"Well, I woke up this morning
And I got myself a beer.
Well, I woke up this morning
And I got myself a beer.
The future's uncertain
And the end is always near.
Let it roll, baby, roll.
Let it roll, baby, roll."
Jim Morrision