Wednesday, December 4, 2013

Stocks & Real Estate are better than Cash


I would imagine that real estate is relatively safe because it’s widely owned by a large portion of the population. It may go down in value and it may be taxed away but it’s feasibly safe. 

If you look at Germany in 1928, the large and the more stable companies from Siemens to whatever it is, say, BASF, they survived. And so you were better off in stocks in the long run to wars and hyperinflation than in cash and bonds.


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Marc Faber
Marc Faber

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