This is ideal example of wealth preservation, above all common beliefs.
Suppose you are an astronomer, and you get to know that a massive meteorite will strike Earth, which would destroy half of our population. You know, that you cannot help the world, but right now you have 10 million dollar to help yourself. What do you think will be best and worst thing to buy with your money, assuming that you will live at the end of the massacre ?
Post your comments, and i will tell you, at the end of it what is the ideal thing to do.
Keep the format of your comment as,
Best : Food, Gold, Keep the rest of cash.
Worst : Equities, Realestate.
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Pungi, I heard rupee is heading to 51 today....are we still holding that $/40 trade sir?
ReplyDeleteSry, just wanted to rub some tincher iodine on your open trade/wounds!
I know, I blewup 5 accounts too before making dowgh.
No hard feelings bro, I warned ya...
-Sid
Lost the stupid Rs. trade, but will go long again at a great moment sometime later for that 45 on a dollar target.
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