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What to do in this crazy market?
The author of this book, Peter D. Schiff, is the head of a brokerage firm that called this bear market and advised people to adjust their assets accordingly while there was still time to do so. He's also predicting that this market will last for a decade. I'm not certain about that, but I did appreciate the insight he provides from studying bear markets in the 30s and 70s to see how the US economy might adjust. His strategies come from what constituted successful moves in those markets. His main prediction is the next decade will mirror the 1970s, complete with high inflation and interest rates, as well as an increase in commodity prices. Even if you don't agree with all of the advice, it's a great time to read this book.<BR/><BR/>Another book I've really enjoyed recently during the topsy turvy market is The Emotional Intelligence Quick Book. Not an investment book, obviously, just a book to keep my sanity!
4 out of 4 people found this review helpful.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted February 10, 2009
Wake UP and PAY ATTENTION
This is a good read and is a day by day increasingly probable view into the near future.<BR/><BR/>Really, read this book, consider the source and come to your own conclusions.<BR/><BR/>The book is well written, well organised and at the same time....an advertisement.<BR/><BR/>It is worth reading. It could save you a lot of money and maybe, save your life.
2 out of 2 people found this review helpful.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted October 8, 2009
This book is a must read for any serious investor.
Peter Schiff is one of the few people who predicted the 2008 stock market crash. Hence, he has the credibility and knowledge to advise how to invest going forward. Mr. Schiff has extensive expertise in the underpinnings of the U.S. and global economies. He explains how inflation will rise, the dollar will fall, the value of precious metals will go up, and what the real GDP and unemployment rates are versus what the government reports. He puts it all together in clear understandable terms. Peter also gives recommendations of what investments to purchase for best growth in the coming decade. Overall a great, informative, easy to read book!Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted April 6, 2009
Comprehensive and Eye Opening
Looking at the publish date, you might think this little book destroyed the market. However, Schiff foresaw the collapse long before it happened.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
The book is an excellent lesson and guide for how to navagate the turmoil. My only problem was the repeated marketing of his firm in the text. Regardless, it's a must read for insight into what might happen in the next 8-10 years.
Posted December 7, 2008
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