Uncle VanToday the FED increased interest rates again but only by 0.25%, which caused another bear market rally. Basic economics is that the economy can't strive in a high interest rate environment so it could very likely suffer in the coming months
Uncle VanAssets go down, and it's historically the #1 time people build losts of wealth. Recessions can be scary, but at the same time gives opportunity.
Hanners220@Uncle Van I need to find the right investment and go for it! My grandmother did pretty well with investing. She has quite a good nest egg. I should ask her for advice.
NAMELESSI'm not savy about economy,finances and investment.But if i had a good income in dollars or euros,i would look foward to buy cheap real start in latin america that has potential to increase in value a lot in a few years.Lots of new cities being built in these places since they are developing still.
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