yakers
Thinks s/he gets paid by the post
Some 20 years ago I pondered the situation of an average working person in Japan. Here was a big run up in the the real estate and stock market. It was obvious to a lot of people that it was not sustainable even without having a good idea of what would be a proper valuation or when to jump into/out of the market. What could this person have done?Invested more in international funds? Borrow cheap money for investments?
Like many others I see the US headed in a similar direction in the valuation of real-estate and stocks. I hope we are not headed for 20 years of stagnation. Was anything learned from the Japanese? I understand most corporations and individuals in Japan buy Japanese govt bonds which pay poorly. Buying US govt bonds are not an identical issue because of the size of the market but is it a good idea to diversify to foreign bonds?
IMHO Japan has done pretty well in living through financial and natural disasters due to the nature of their society. The US has different strengths and weaknesses. My question is not a national political question, its a question about what a small investor/working person can do with available financial choices.
So what can still be learned form the Japanese? Is a different asset allocation warranted? More international stocks & bonds? Buy or avoid real estate? Borrow money or avoid debt? Anything else? If nothing obvious to invest in is there something specifically to avoid?
Like many others I see the US headed in a similar direction in the valuation of real-estate and stocks. I hope we are not headed for 20 years of stagnation. Was anything learned from the Japanese? I understand most corporations and individuals in Japan buy Japanese govt bonds which pay poorly. Buying US govt bonds are not an identical issue because of the size of the market but is it a good idea to diversify to foreign bonds?
IMHO Japan has done pretty well in living through financial and natural disasters due to the nature of their society. The US has different strengths and weaknesses. My question is not a national political question, its a question about what a small investor/working person can do with available financial choices.
So what can still be learned form the Japanese? Is a different asset allocation warranted? More international stocks & bonds? Buy or avoid real estate? Borrow money or avoid debt? Anything else? If nothing obvious to invest in is there something specifically to avoid?