Jim Rogers: The worst crash of our lifetime is coming
businessinsider.com
Jim Rogers: The worst crash of our lifetime is coming
1–10 of 70 posts
Re: Jim Rogers: The worst crash of our lifetime is coming
#2Great, now I'm scared. What can I do? Shall I learn mandarin and go to China too?
Re: Jim Rogers: The worst crash of our lifetime is coming
#3Don't know anything about Jim Rogers' creds / authority in this matter. How much should be we concerned / alarmed at these statements?
> Rogers: It could be an American pension plan that goes broke, and many of them are broke, as you know. It could be some country we’re not watching. It could be all sorts of things. It could be war — unlikely to be war, but it’s going to be something.
and
> Rogers: It’s going to be the worst in your lifetime.
Most of my little 'nest egg' is in Total Market Index ETFs (ex: SPY, QQQ ). Should I take action, or will that be foolish / premature optimization?
Re: Jim Rogers: The worst crash of our lifetime is coming
#4Jim has been saying this for past 6-8 years. He will eventually be right.
Re: Jim Rogers: The worst crash of our lifetime is coming
#5How many jobs are we replacing with software annually? It will happen sooner or later.
Re: Jim Rogers: The worst crash of our lifetime is coming
#6A fringe nobody screaming the world is going to collapse for the last 30 years. The only thing this guy can predict is that if he yells and screams the sky is falling loud enough, his next book will do well.
Re: Jim Rogers: The worst crash of our lifetime is coming
#7Don't know anything about Jim Rogers' creds / authority in this matter. How much should be we concerned / alarmed at these statements? > Rogers: It could be an American pension plan that goes broke, and many of them are broke, as you know. It could be some country we’re not watching. It could be all sorts of things. It could be war — unlikely to be war, but it’s going to be something. and > Rogers: It’s going to be t…
Typical advice is if you're older, say within 10 years of retirement push towards treasury bonds, commodities etc. (ultra safe investments). If you're young, you can try to time it, but even if you screw-up just hold through the crash and it'll recover in a couple of years. Do some more research, you don't want to put stock in random internet comments... including mine!
Re: Jim Rogers: The worst crash of our lifetime is coming
#8"admired about you as an investor is that you don’t talk about what should be"
Kind of a cynical view. Investors can change the future, so the idea that they are passive players is disappointing.
In fact, if they are on the sidelines, what purpose do they serve?
Re: Jim Rogers: The worst crash of our lifetime is coming
#9Don't know anything about Jim Rogers' creds / authority in this matter. How much should be we concerned / alarmed at these statements? > Rogers: It could be an American pension plan that goes broke, and many of them are broke, as you know. It could be some country we’re not watching. It could be all sorts of things. It could be war — unlikely to be war, but it’s going to be something. and > Rogers: It’s going to be t…
Typical advice is if you're older, say within 10 years of retirement push towards treasury bonds, commodities etc. (ultra safe investments). If you're young, you can try to time it, but even if you screw-up just hold through the crash and it'll recover in a couple of years. Do some more research, you don't want to put stock in random internet comments... including mine!
>you don't want to put stock in random internet comments... including mine
Anybody got the ticker for the Internet Comments ETF?
Re: Jim Rogers: The worst crash of our lifetime is coming
#10How many jobs are we replacing with software annually? It will happen sooner or later.
First jobs were replaced by simple tools, then by livestock, then by machines. What makes software any different from any other advancements made throughout history?