SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Snowshoe who wrote (19903)6/19/2002 7:55:16 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hi Snowshoe, <<DSFTND DOW Sideways For The Next Decade>>

You could well be right. You stand at least as good a chance at being right as anyone else on this thread.

Between ACF Mike's demographically driven downward spiral that will commence in about 7-10 years, your DSFTND, and the already difficult three year long gentle stock market swoon, the majority of global savings crowd would do well by staying away from the equity party altogether.

As an optimist, I hope the script do not turn out in the above way.

As a cautious saver/investor, I should not depend on my hopes and wishes, but perhaps instead sit on cash, accumulate precious metal and resource shares, wait for the world to panic upon gradually waking to the awful possibilities of:

(a) unable to save because of flat real income and rising tax burden

(b) unable to gain capitally because of current over-valuation in all popular asset classes

(c) unable to catch up later because of demographically driven reduction of demand and balance sheet motivated need to sell.

This is not an attractive scenario.

I loath the prospect of posting about the 'exciting' annuity product offered by AIG, and oh, did you hear about the impending dividend increase at Phillip Morris:0?

Chugs, Jay
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext