I have been doing a lot of reading lately and listening to financial news. I just finished reading “Crash Proof 2.0″ and “How An Economy Grows” both by Peter Schiff who is an investment advisor famous for predicting the real estate crash in the U.S.
The recurring theme I keep hearing is that markets are going to be trading sideways for the foreseeable future. This isn’t the time to be in small speculative investments, but rather in larger stable companies that will pay you cash dividends while we all wait for the economy to recover. Peter Schiff put it this way: