So that those invesments loose, that much per year, compounded.
short selling is not the answer in that case because the price isnt
falliing... just the actual value.
By the time you factor in what a good investment would earn, and the
transaction costs, the loss is easily in the 20% range or worse....
thats 30 to 40% in two years if you bought the index.
Less lossies if you bought stock that 'went up'....and worse if you
were a bear stearns fan.
Is gold the answer? in some cases, in others such as for lunch its
not good on bread no matter how much mayonaise you use.
Personal prodctivity and viability however is an answer.... not easy,
one is still effect of the larger economy.
imo ymmv
Phil Scott
