Saturday, 28 May 2011

On becoming a rational investor (Part 1 of 9)

The world is plagued by problems of all sorts. During your lifetime, chances are that you will go through periods of inflation, deflation, unemployment, rising share prices and stock market crashes. Newspapers report these problems with regularity and it seems that some of them will remain unresolved in the foreseeable future.

At the beginning of the second decade of the 21st century, most economists agree that increased consumer prices are coming, although nobody can tell precisely when this will happen. If you live on a fixed income, as it is the case of most pensioners, you should view inflation as a cause of a serious concern.

To be continued in the next post.


[Image by mrpattersonsir under Creative Commons Attribution License. See the license terms under]