Phil Cannella: http://www.crashproofretirement.com
“Now there are two scenarios I can envision. The stock market has a correction now, say twenty percent or so, and then we move up again. Whether we make new highs or not is a different story. Or we go up by thirty percent then we collapse by forty percent. So I think in either case, i don’t believe that it’s a good time to buy stocks at the present time. My advice to retirees is: be diversified near-term. I think the market may very well go down starting next week.” Phil Cannella: Economist Marc Faber had a grim prediction for the Stock Market when he appeared on The Crash Proof Retirement Show® and spoke to Phil Cannella about the future of the markets. He thinks a big crash is coming soon, and that now is not the time to be investing in stocks. If you’re interested in learning about alternatives to the stock market, visit http://www.crashproofretirement.com Call 1-800-722-9728 or visit:
|
Tags: