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9 comment(s). Last comment by king36 2016-11-13 16:11
Posted by calvintaneng > 2016-11-12 14:27 | Report Abuse
Cheoky
Cash itself is not safe. Keep 3 to 6 months cash for emergency ok.
See
US Debt is almost USD 20 Trillions
or about Rm870,000 per US citizen. Every child born into US automatically bears a Future Govt owed debt of Rm870,000.
As USA is now the most indebted country in the world more QE can be expected. The debt has gone into no return.
Only way is to default on debt or print even more money.
If US defaults on debt many Countries that have huge reserves in USD will have to take a big hair cut. It will backfire on the USD immediately & USD might collapse.
The less painful way is to print more money.
That will cause all paper currencies to lose more and more value.
So the only way out is to own hard assets. Assets that can protect from the ravages of inflation & gives dividend yield that can keep up with inflation.
See
http://www.usdebtclock.org/
Posted by king36 > 2016-11-12 15:13 | Report Abuse
The author did not take many Malaysian CEOs into a/c earning $million salary but no dividend and for shareholders....
US stole the Red Indian land to be their own and they too stole Hawaii.
Funny when some see whites even their farts smell sweet to them.....
Posted by Tom > 2016-11-12 15:39 | Report Abuse
我觉得 donald trump 所承诺的东西他未必每一样都会去实行,再加上他说的东西有些都有矛盾
Posted by Blink22 > 2016-11-12 15:49 | Report Abuse
You can always find the Donald's in beer bars......always complaining.
Posted by gohchinlim > 2016-11-12 18:11 | Report Abuse
Obama say dont fully belief what politician proposal during campaign
Posted by king36 > 2016-11-13 11:10 | Report Abuse
gohchinlim, Obama must have seen himself in front of the mirror.
He and Clinton are despicable liars cheating on the Americans and John Kelly was tugged along and became an unabashed liar as well.
Trump vied for Presidency after being humiliated by Obama in a White House dinner.
Now he is the President-elect, we will see what would he do to these clowns after he has moved into the White House.
Hopefully, more peace will prevail.
Posted by Junichiro > 2016-11-13 14:26 | Report Abuse
If u want to why Trump won, read Washington Post. Not CNN.
Posted by king36 > 2016-11-13 16:11 | Report Abuse
Just why Trump contested.
Not why Trump won.
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cheoky
2,823 posts
Posted by cheoky > 2016-11-12 14:08 | Report Abuse
So sell stock n keep money for tomorrow recession?