But in general, I believe that investors will be deeply, and I repeat, deeply disappointed by future returns. Some assets will go up, and some assets will go down. Just consider, oil drilling stocks have declined by roughly 40, 50% from the peak.
Wednesday, April 27, 2016
What the world will look like in 5 years
My view is very simple. I have no clue, although I’m an investment advisor, how the world will look like in five years time. Now, maybe some forecaster knows, but I haven’t met them yet, and I’d like to meet them yet. The fact is simply, we don’t know much about the future. We even know little about the present and the past. And my advice to anyone investing is diversification. You have to own some equities. You own some gold. You own some cash and bonds, and you own some real estate. That is what you should do, because we don’t know.
But in general, I believe that investors will be deeply, and I repeat, deeply disappointed by future returns. Some assets will go up, and some assets will go down. Just consider, oil drilling stocks have declined by roughly 40, 50% from the peak.
But in general, I believe that investors will be deeply, and I repeat, deeply disappointed by future returns. Some assets will go up, and some assets will go down. Just consider, oil drilling stocks have declined by roughly 40, 50% from the peak.
