20 year forecast : F bad, I good, C&S:neutral

[eukrate]

imported post

from Jim Rodgers -
http://www.businessweek.com/bwdaily/dnflash/nov2004/nf2004112_3807_db006.htm

 

[The_Technician]

imported post

I wonder what Rodgers says today......???

:dude:

 

[DCguy]

Re: 20 year forecast : F bad, I good, C&S:neutral

Wow, what he said in 2004 really is happening now in 2007 and I expect what he said will continue to happen in the future.

 

[tsptalk]

Re: 20 year forecast : F bad, I good, C&S:neutral

Interesting...

Q: Can one be a long-term buy-and-hold investor and make money, or does one need to be a trader?

A: Well, if you find the right instrument, the right security, then yes, you can be a buy-and-hold. But in my view, the next 10 to 20 years in the U.S. stock market, that will not be a satisfactory way to invest unless you find the few securities that might do well even in a period like that. The investors who'll do well are the ones who can buy low and sell when things rally and repeat the process throughout the decade.