Market timing with one decision every ten years...
<<<<** Between 1971 and 1985, Japanese stocks rose about 500%.
** Ten years later, between '81 and '95, U.S. stocks rose about 500%.
** Beginning in '85, Japanese stocks really took off - tripling in the next 5 years.
** Ten years later, beginning in '95, U.S. stocks really took off, tripling in the next 3 years.
** In 1990, the Japanese market peaked out. The U.S. market peaked out 10 years later.>>>>
1970 - buy gold and silver mining stocks 1980 - buy Japan stocks 1990 - buy U.S. stocks 2000 - buy gold and silver mining stocks
so I guess that...
2010 - buy Japan stocks 2020 - buy U.S. stocks
Also,
<<<<Banks can borrow from the Fed at less than the rate of CPI inflation. As in Japan for so many years, the money is given away free. Even to businesses and consumers, short-term money is cheap - if you can get it.>>>>
One of my credit card companies today offered to loan me a substantial chunk of money (...we'll be glad to raise your limit) at 1.9% until November. BTW, my credit card debt = zero.
Thanks for passing along the article, Slider.
vt |