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  • Americans Have Already Forgotten One Of The Biggest Lessons Of The Financial Crisis

    From businessinsider.com

    This week, Gallup released the latest edition of an annual survey asking Americans what they considered to be the best long-term investment. The No. 1 answer? Real estate! This chart doesn't go back that far, sadly, but you can see that just a few years ago, the percentage of Americans who thought real estate was the best investment was MUCH lower, a fact obviously attributable to the trauma of the housing crash. After the housing crash, numerous pundits predicted that America's love affair with homeownership would be doomed for good and that it might take generations for people to be into the idea of owning real ... (full story)

it should be clear now wealth doesn't trickle down but moral hazards and bad values do
This article syncs up nicely with that kooky thing I read this morning about how investing in the stock market is a great idea. fortunately, it appears that Americans are actually getting smarter and not buying into the bullshit.

That article was quickly debunked by the simple task of looking at your investment in 2007 compared to 2014. DJIA 14,000 to 16,000 today, an approximate 13% yield over seven years, doesn't even account for inflation, and if you were to sell today, you'd go negative when you factor in the capital gains.

Deflation. Bring it on!
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  • Posted: Apr 20, 2014 2:11pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 2  /  Views: 2,832