I am not a finacial expert. I don’t know much about the economy or the stock market. So I rely on a experts that really know about these things. They might not agree on everything, but they do agree that the ecomomy and the stock market are in for another major downfall.
Harry Dent is one of the experts that I pay attention to. Financial professionals and investors have trusted the research and recommendations from his company, H.S. Dent for the last 2 decades. So you might want to listen to what they he has to say. He has just announced a new book “The Great Crash Ahead,” that will hit the shelves on September 20th. His book can be pre-ordered from Amazon.
To find out more Mr. Dents predictions for the market and the economy, you can have a look at his latest youtube video below.
If you’re a baby boomer like me, with 10 years or less until retirement, you’re not going to want to rely on the stock market in these uncertain times. I’d like to suggest that now might be a good time to invest in tax lien certificates. Did you know that you can use the money in a self-directed IRA to buy tax liens? I can’t think of a safer way to invest your retirement money right now. Need help getting started, or just want to find out more about tax lien investing. Get my free Tax Lien Investing Kit at www.TaxLienInvestingKit.com.
By Perry August 22, 2011 - 10:40 pm
I don’t know anything about Dent, but I do about Elliot Wave Theory’s modern marketer Prechter, and he is terrible as well. Him and his company got a bunch of my money and were wrong over and over and over and over and over and over and over and over every day of every week for months and months. If I had done the exact opposite of what they say, I would be a millionaire today. I’m not joking. It was that bad. Instead I was dumb enough to listen and say “Well, as soon as i change course then the market will turn” and kept betting on redjust like some stupid roulette player thinking “I’m due!” and now I’m broke. Yes, I take responsibility for listening to them. It was my choice and my trading account. So, I’m just warning you. They will claim that Prechter won the U.S. Trading Championship in 1984, and all kinds of awards and such. After the global shenanigans we all now know that Wall Street is pretty much ALL corrupt, so anyone that wins awards in Wall Street can’t be far behind. And if he’s and the system is so hot, then why hasn’t he won the championship in 85, 86, 87, etc…His track record sucks. Now you know.
Hey I can’t get my money or trading account back, but I’m sure going to make sure they don’t get your money too.
Just buy TANGIBLE gold and silver and you can’t lose for the next 5 years. Think not? Yeah, like the Fed is going to stop printing money when we owe $50K PER PERSON for the entire population of the US. 1) pay it back the right way? Not a chance. 2) Sovereign default? Not a chance (global riots!) 3) Print $20T more over the next 10 years. OF COURSE! Go to your LOCAL gold and silver shop and buy coins for 10% over spot price. That’s it. Nothing secret. Nothing special. Just do that, tell no one, and ride through the upcoming US Dollar/Euro/fiat currency race to the bottom. (And a freezer with good food in it since food prices will double in the next 3-5 years as well…)
By beyene August 22, 2011 - 3:22 pm
What a joke Dent is, his predictions have always been late. He has been wrong many times. This is the guy who published a book titled Dow 35,000 in 1991….right before the dot com bubble burst and market crashed.
Then at the bottom, he predicted a big decline in markets. But the market shot up for several years.
Once again, he was a bit late in 2007/2008 after the real estate/banking collapse he started preaching of a market meltdown…of course the market recovered a bit.
Now, there is a lot of fear in the market and it is time for Dent to publish a new book to tell us what we already know. Bad market predictor, but brilliant marketer.