Your Questions About Invest In Gold 2012

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James asks…

Should a young person be invested in the stock Market for the long term or 15 to 40 years?

I am 27, have a stable income, have 30k in savings, make 27k a year, married. I am worried because I keep hearing that in Oct 2012 there will be a 95% stock market crash from people like Jim Rogers, Gerald Celenta, etc, is it true or a scam to scare the masses into buying gold/silver has a safe heaven? Should I be invested in the stock market? I am thinking of getting “back” in and forget about the boom and doom guys. Your opinions? Etc?

financi4 answers:

Although you got some big names there, I doubt very much
we will have a 95% drop. If you can invest the same amount
each month you can ride out the drops. Just in case there is
a big drop be prepared to invest more and not chicken out.
I have been through 2 big drops and managed to keep my cool
and over 30 years averaged an 8% return.
Good Luck

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