H
Hawkwing
Guest
Consider the following short term risks:
India/Pakistan Nuclear War
Markets fall 30%
Middle East War
Markets fall 20%
Islamic revolution in Saudi Arabia (much overdue)
Markets fall 20%
Terrorist attack on US on a par with September 11th
Markets fall 15%
George Bush assassinated
Markets fall 15%
Unexpected rise in Interest Rates
Markets fall 5%
Unexpected fall in Interest rates
Markets fall 5%
Against these catastophes we can set the possible upside windfalls:
Sadam Hussein dies or is overthrown
Markets rise 5%
USA win World Cup
Markets rise 2%
Seems to me that investing in equities represents a huge short term gamble in the hope of long term returns.:rolleyes
India/Pakistan Nuclear War
Markets fall 30%
Middle East War
Markets fall 20%
Islamic revolution in Saudi Arabia (much overdue)
Markets fall 20%
Terrorist attack on US on a par with September 11th
Markets fall 15%
George Bush assassinated
Markets fall 15%
Unexpected rise in Interest Rates
Markets fall 5%
Unexpected fall in Interest rates
Markets fall 5%
Against these catastophes we can set the possible upside windfalls:
Sadam Hussein dies or is overthrown
Markets rise 5%
USA win World Cup
Markets rise 2%
Seems to me that investing in equities represents a huge short term gamble in the hope of long term returns.:rolleyes