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3-step plan to protect yourself against a worsening economy
Posted by TraderNoviceDotCom • 5/10/09 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: assets protection
Protect the purchasing power of your savings you have accumulated all life long:
Step #1: Rethinking Your Stock Portfolio: replace your endangered U.S. dollar holdings with a portfolio of foreign securities that are safer, significantly higher yielding, and appropriate for any investment objectives.
Step #2: Gold as well as silver to add both safety and exciting growth potential to a conservative foreign stock portfolio.
Step #3: Stay Liquid for having enough money and keep a reserve of uncommitted cash that can be used to acquire assets at bargain prices.
By Peter Schiff
www.tradernovice.com/2009/05/crash-proof-how-to-profit-from-coming.html
User Comments
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Peter Schiff is a wall street broker so he's an hypocrit who forget to tell people what's the root cause of every crisis since 200 years at least: the fractional reserve system in the hand of private banksters:
tinyurl.com/zeigeist
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