Posted by calvintaneng > 2015-09-06 10:24 | Report Abuse

No Safe Assets Anymore by Dr Marc Faber.

I agree with Dr Marc 80%! Last time Dr. Marc Faber predicted the 1997/8 Asian Financial Crisis, the 1987 Dow Crash of 25% & the Great Recession of 2007/8.

What did Dr. Marc missed on the 20%?

Answer

1) There is Safety in the Living God! Go see www.chick.com

2) There is safety in buying into low cost houses, single storey houses & double storey houses in Iskandar. A yield of 8% rental & very safe as prices are still very depressed.

Posted by Icon8888 > 2015-09-06 18:21 | Report Abuse

There are no safe assets if you look at things short term

Heavily sold down stocks will become safe assets if your take a
long term view. For example : AMMB becomes safe asset if it drops to RM3.00

Unfortunately, we are not there yet. I look forward to a market crash whereby I can pick up good stocks at bargain price. Those will be my "safe assets"

Posted by CFTrader > 2015-09-06 18:35 | Report Abuse

There is nothing called safe and dangerous.

There is only calculated risk.

Posted by Icon8888 > 2015-09-06 18:41 | Report Abuse

Safe assets by my definition are assets that can rebounce to your cost of investment given some time

If u buy Maybank at RM5.00 and it drops to RM2.00, your assets are still safe, because within few years, Maybank will recover and exceed RM5.00

That is my definition for safe assets