Safehaven.com - The case for preservation of capital
“No warning can save a people determined to grow suddenly rich.” - Lord Overstone. This is the quote that appears on the homepage of SafeHaven.com. Like Warren Buffet, the primary goal of SafeHaven.com and their wealth of articles, is to help investors “preserve capital”. The try to remind their readers that “Investing is not Saving”! They claim that the mainstream media would like investors to believe otherwise and they scold the mainstream media for seldom commenting on the risks inherent in equity ownership or debt investments.
This seems to be particularly applicable to today’s environment where the spread between the riskiest investments and the safest seems to have all but vanished. While the mainstream media at times may seem like they are acting as cheerleaders for the greatest bull market of the twentieth century, SafeHaven suggests that a more cautious approach may be necessary. They write that they are not permabears, but they are not bullish for the foreseeable future. They suggest that the Stock Market Bubble is not their greatest concern. The Credit Bubble, however, when it inevitably implodes, they feel will wreak havoc on all sectors of the World Economy, including the Stock Market. Could it be that the Feds of the U.S, Japan, and Europe, have been acting as the house banker for the largest gambling house in the world, feeding wildly speculative investments and investors?
Read SafeHaven and see what they have to say - and what are other possible outcomes from the current speculative environment. You may not agree - most will not - but it is always worthwhile to consider all possibilities, including a protracted down, or level market.
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