Sotheby's Investment Advice

[E46CSL]

Originally Posted by digi

considering fiat ccy is being debased on a daily basis (money printing - just ask prince draghi), this is but a normal reaction for valuable vehicles.

Yes, I think a asset correction will occur but again (like 08 correction), they will recover for the simple reason that holding paper assets becomes unsavory. .

http://www.ft.com/cms/s/0/82737cca-3..._alert/product

Or Google

GMO’s Grantham warns markets ‘ripe for major decline’ in 2016

[digi]

Originally Posted by E46CSL

http://www.ft.com/cms/s/0/82737cca-3..._alert/product

Or Google

GMO’s Grantham warns markets ‘ripe for major decline’ in 2016

hahahaa - FT.....love it.

I worked at GS and various wall st. firms. I think my views would exceed this clown. Not that I do not agree. Just people think 08 crisis is separate to what we are heading into and talk as though they are detached. When it hits, people will feel the pain in magnitudes greater than 08 as basically the West has run out of BULLETS. Printing won't work like before.

Just like US keeps saying it will raise rates, its only for the IDIOTS! When you have trillions in interest rate derivatives, as well as a balance sheet full of toxic junk, rates aren't going anywhere.

[E46CSL]

Originally Posted by digi

hahahaa - FT.....love it.

I worked at GS and various wall st. firms. I think my views would exceed this clown.

So what do you counsel?

[khooni]

now now....

we have a market.. i think the 25 bps rise is inevitable.

but it doesn't really mean anything.

[digi]

Originally Posted by E46CSL

So what do you counsel?

Well, what do you know about fiat ccy vs money? What do you see in the economic/financial world right now? (Zero interest rates to -neg interest rates, money printing etc.), personal staying power/net worth.

You see, it very much depends on what you know.

I never advise anyone except my clients and my own portfolio.

If you can answer some of those questions in a honest manner (to yourself) it will be a first step to determine your own direction.

This is not advise, but NEVER BUY A CAR ON LOAN OR LEASE unless you own a company so you can get the tax benefits. More than 90% of people will find this hard.

[digi]

Originally Posted by khooni

now now....

we have a market.. i think the 25 bps rise is inevitable.

but it doesn't really mean anything.

you missed the RIGGED part with the e-minis

[nw942]

Originally Posted by khooni

now now....

we have a market.. i think the 25 bps rise is inevitable.

but it doesn't really mean anything.

Low interest rates indicate to me that the banks still have a lot of bad debt despite QE.

The interesting question is whether a sustained slowdown and any possible future shocks e.g. China will start to affect the comfortable-but-not-rich people who are currently able to borrow freely/cheaply ATM to invest in various assets.