Tuesday, October 20, 2009

Survival plans

BookValue
Crash Proof 2.0
Peter D. Schiff
( http://www.wiley.com/)

Three survival tips

Three imperatives that Peter D. Schiff prescribes in Crash Proof 2.0 are: Rethink your portfolio, gold rush, and stay liquid. He recommends investment in the foreign markets (read, non-American) as the most conservative place right now. In the US, economic freedom, just like sound money, is a distant memory, the author rues. “So too are the low taxes, minimal regulations, and the high savings rates that went along with them.

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