Thursday, Aug 16, 2007
Turn $35 into $100,000 in 37 years
Safe Haven: Lessons from History: The Simple Path to Resource Riches
Great graph.
My strategy. Gold until it peaks around 2012 and then into Indian and Chinese stocks.
The Chinese savings ratio is around 30% and their economy is investment-led.
After the coming crash in Chinese/Indian/emerging economies stocks they will recover and their economies will turn into consumer-led ones that are debt propelled (like ours did in the 1980's).
Posted by sold 2 rent 1 @ 10:51 AM (347 views) Add Comment
3 Comments
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1. sold 2 rent 1 said...
2. Mark said...
but then it could come crashing down... no-one can make assumptions like this
maybe ave houseprices will hit a million next week......
3. Vinchenzo said...
Blimey, I knew Gordon Brown wanted to create more affordable housing, I didn't realise he meant a crash!
Is it going to happen ? Is this the big bang some predicted? FTSE down another 4% today...