Stocks & Commodities V. 24:1 (32-33): Websites For Traders: SafeHaven.com by David Penn
In a world only recently removed from cast-in-stone expectations of double-digit returns on invested income, the idea of a website dedicated to the “preservation of capital” must sound as exciting as watching grass grow. After all, with three decades’
worth of inflation—of both the physical kind and the asset kind—you are more likely to hear “preservation” in the context of wildlife wetlands than in the context of sound (to say nothing of shrewd) financial planning.
But as an increasing number of smart financial types has been telling investors, the days of double-digit investment returns are likely long gone. And this is without even entertaining the darkest visions of the global financial future, those apparitions of either hyperinflation or, worse, deflationary depression that a number of no-less savvy financial figures have been warning us will be the real cause for the end of the double-digit investment returns era.