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Note that the best economies don't always equate to the best performing capital markets. Investors in China lost quite a bit of money during periods of immense
by whitepoplar 8y ago
Note that the best economies don't always equate to the best performing capital markets. Investors in China lost quite a bit of money during periods of immense growth.
If you don't have confidence in America, you could diversify by holding a portion of money in indexed international funds. But be careful, no one can predict the future! Best to hold a little bit of everything.
- granshaw 8y agoYup. The "great" thing about the US is that it's a large developed country with a strong rule of law, but at the same time also perhaps the most corporatist country on earth, allowing companies to act with impunity and lobby when needed, all of which leads to big and sustained profits. Compare this to, e.g. Europe.
- Tehchops 8y ago>with a strong rule of law Not so certain these days.
- whitepoplar 8y agoCan you give an example of a better-functioning legal system?
- AnimalMuppet 8y agoCanada? Switzerland? Better examples aren't as easy to come by as cynics think. I think the problem they see is that it's worse than it was ten years ago, rather than that it's worse than most other places.