APPROACHING 40 years of age, it suddenly struck a chord in me: some of us have probably lived more years of our lives than there are years more to live! But how many of us actively apply knowledge and experience gained for the betterment of our lives going forward? I am not in the position to comment on personal aspects but I probably have a little exposure to share my two cents’ worth where investment is concerned.
In the last four decades, markets have seen not one but a series of financial crises of various degrees of severity, i.e. Russian Rubble, Tequila Crisis, Asian Crisis, Technology Crisis and today, the Credit Crisis. Gold prices have literally soared! Although the cause of each crisis was somewhat unique, the response of investors and markets was fairly consistent.
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