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<p>[QUOTE="Cloudsweeper99, post: 978034, member: 3011"]The one thing to keep in mind is that this sort of doom and gloom has been an investment industry for a long time. Occasionally, they get something right. I just wanted to point out that Edelson isn't nearly as infallible as he pretends to be. These guys sound very convincing, and can easly scare people into inaction. Bonds probably are overvalued today, but Edelson missed the entire bull market in them. While it is good to listen to all opinions, it is bad to get into the habit of following gurus. I think Edelson's predictions about the future are garbage. He might turn out to be correct, or not, but it won't have anything to do with his infallible proprietary method. If you don't feel equipped for the task of investing, it is better to stay with bank CDs and short term Treasuries until you feel more comfortable. You can also learn a lot by reading the semi-annual and annual report commentaries by some of the better mutual fund companies, even if you don't invest in their funds. Two of the better ones are linked below. The benefit of this is that these guys are actually INVESTING money, not pontificating from their living room. Good Luck.</p><p><br /></p><p><a href="http://www.fpafunds.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.fpafunds.com/" rel="nofollow">http://www.fpafunds.com/</a></p><p><br /></p><p><a href="http://tweedy.com/research/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://tweedy.com/research/" rel="nofollow">http://tweedy.com/research/</a></p><p><br /></p><p><a href="http://www.wintergreenfund.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.wintergreenfund.com/" rel="nofollow">http://www.wintergreenfund.com/</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 978034, member: 3011"]The one thing to keep in mind is that this sort of doom and gloom has been an investment industry for a long time. Occasionally, they get something right. I just wanted to point out that Edelson isn't nearly as infallible as he pretends to be. These guys sound very convincing, and can easly scare people into inaction. Bonds probably are overvalued today, but Edelson missed the entire bull market in them. While it is good to listen to all opinions, it is bad to get into the habit of following gurus. I think Edelson's predictions about the future are garbage. He might turn out to be correct, or not, but it won't have anything to do with his infallible proprietary method. If you don't feel equipped for the task of investing, it is better to stay with bank CDs and short term Treasuries until you feel more comfortable. You can also learn a lot by reading the semi-annual and annual report commentaries by some of the better mutual fund companies, even if you don't invest in their funds. Two of the better ones are linked below. The benefit of this is that these guys are actually INVESTING money, not pontificating from their living room. Good Luck. [url]http://www.fpafunds.com/[/url] [url]http://tweedy.com/research/[/url] [url]http://www.wintergreenfund.com/[/url][/QUOTE]
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