Sunday, January 23, 2011

Real Return

Are you making money, or losing ?
Not so easy to tell these days. If you buy 10 year Treasury Notes and "earn" 3.3%, are you actually gaining or are you losing ?
I have made my decision and I will elaborate in the next few days. I'm confident that I will make 7-10% buying real assets, like farmland or forestland, and that anyone who buys Treasury securities here is guaranteed to lose money.
Stocks, by the way, are no inflation hedge. In fact, they are stupendously overvalued right now.

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