But reality is tough if faced unprepared.
Let's go back in 1999, what if I told you about tech bubble. You would have laughed as everybody was ready to sell their houses and invest in tech companies that time. Or I said about housing bubble, in 2007. The reaction would have been same.
Always remember, problems starts unveiling when least expected.
What could be the reason for next market collapse? Cheap money ? Subprime auto loans ? Or some chain reaction? Indian market is vulnerable to events happening around developed countries. Anything big happens there, will have an effect here. I have an interesting graphic to show you for better understanding of upcoming danger.
Stock markets are reaching heights, people are spending easily on the cheap money, potential Eurozone exits, struggling china etc. All these indicate that we are heading closer to another meltdown.
So what can be the way to avoid it? Unfortunately, there is no way we can avoid next collapse. But we can shift our investment to some other source to continue our investment objectives on track.
That's why I told you to stay liquid in my previous blog post.
So what can be your next sweet spot ?
Gold. Yes, you heard it right, it's gold which can save your hard earned money from diminishing.
Unlike stocks, gold doesn't pay out dividends, don't give you bonus or advantage of right issues. Investing in gold is quite old and remained constant over long time, buy low and sell high. But it's easier said than done. There are plenty of options available in market that let us invest directly or indirectly in this precious metal. I will share the best way (at least according to me) to invest in gold in my next post. Stay tuned..




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