Post
Topic
Board Economics
Re: RBS: Sell everything
by
yayayo
on 11/05/2016, 23:32:41 UTC
Buying "high quality" Cheesy bonds is the worst advice ever. While I agree that stock markets could drop soon, because valuations are historically high and the economic situation is not really improving, investing the money into bonds is outright lunacy. Bonds are the biggest bubble of all, especially government bonds.

Western governments are more indebted than ever before. Yet their bonds pay no significant or even negative interest. One of the reason: Central banks are buying the debt with freshly printed money. Bonds may be rated "AAA", but in fact most of them are junk. No one in his right mind would invest in bonds - well... except bankers... Cheesy

The most reasonable alternative to stocks are precious metals and Bitcoin.

ya.ya.yo!