Monday, December 1, 2014

Its going to be a bad ending for stocks

People always say [on Stocks], “Well, if you know it’s a fun ride, why not climb on board and enjoy it with everybody else?” See, the problem I have is you can only enjoy the ride if you don’t realize how disastrously it’s going to end. Since I know it’s going to end in a wreck, I can’t enjoy it. If I get on board, I’m going to be nervous the whole time.

Peter Schiff is a smart investor and author of several best selling books. He correctly predicted the economic meltdown of 2008 - 2009