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  • Is Buffett Really Losing His Touch? [View article]
    *LONG* *LONG* term, Buffet will be dead, and his investment *will* pan out. Heck, if you wait 100,000 years, unless humans all die out, some of his investments will pan out.

    Balance that with, *LONG* *LONG* term, anyone will be dead.

    There comes a point in investment where you do have to talk about timing, about needs, and about when you need to use the money.

    Typical advise in stocks is to invest in it if you need the money 10-15 years or more. This is no longer working now. I'm not even that sure we'll have a working growing economy in 5 years, let alone 10.

    For someone who're either trying to make income, or simply to do capital preservation, someone who's trying to USE his money in 10 years, this is one heck of a painful time -- there's no good thing to "do" right now.

    Remember, Japan's stock market is now significantly below what it was *24* years ago!

    Let that sink in for a while.

    What do you tell someone who had a "long term vision" 24 years ago and invested in one of the most successful economic story of our time? Wait another 24 years?

    Was a bubble, is a bubble, will be a bubble. With all the insider trading, govt dabbling, hiding of losses, lies, etc; Stock investment is no longer an investment. It's politics and gambling.

    If you want to "invest" in the purest form, go buy a resource and build / develop it yourself. The old fashioned way, not the modern garbage and lies ridden "market".
    Nov 12 12:13 pm |Rating: +2 -3 |Link to Comment
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