Sell Everything Ahead of the Stock Market Crash!

Royal Bank of Scotland warns of ‘cataclysmic’ year with slumps in shares and oil and advises clients to shift to bonds.

Read More: http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists

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3 thoughts on “Sell Everything Ahead of the Stock Market Crash!

  1. Minal January 13, 2016 / 8:09 am

    Is this true for India as well?

    Like

    • Mihir January 13, 2016 / 8:46 am

      In today’s globalized world no markets are safe if one market is due for steep correction. So we should not worry too much about which market is going to fall and if it is India. Also remember these kind of extreme predictions are not easy to be released by reputed companies. So there could be two reasons why they have done that, 1) They sincerely believe in it and they want to inform people for their good, 2) They see an opportunity to make money when people react to this news. In either case, the markets would still correct.

      This is nothing new though. They corrected in 2006 when SENSEX was at 21000 and came crashing down to 7500 levels. Then again in 2008 due to the subprime crises. And now it could again happen due to very low oil prices.

      A wise mind would suggest to get rid of all equity market linked investments. An intelligent mind would say make money from this opportunity of a lifetime. I would suggest hedge your risks and invest wisely in different products. Buy some gold, silver, put some money in bonds and take long positions in oil markets. Remember to balance your amounts well enough so that you don’t end up on the loosing side.

      Like

      • Minal January 13, 2016 / 9:20 am

        Thanks for this wise, intelligent and sound advice. 🙂

        Like

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