Read this article.
My comment.
I always avoid paying a high price for an investment in high demand or in a bubble, including gold or property. Those who can get out early can make a profit. The other investors have to hold on to the investment for a long time to recover their cost of investment.
Jim Roger mention something about looking at things that are cheaper. Pretty interesting and sounds very logical to me. Below is the link for your reading pleasure.
ReplyDeletehttp://jimrogers-investments.blogspot.com/2010/04/look-at-things-that-are-cheaper.html