To reach parity in 15 years is about close to 2 cents annually which is realistic.
If the US keeps printing the dollar and not having new innovation for exports decline is there.
Apart from creating war to sell its related products there's Nothing much to keep the economy from growing. US has been spending too much unless the current and following government is able to bite the bullet to keep their fiscal spending in control.
Likewise gold price will keep growing with the dollar in decline. Gold has been use as a product for hedging in time of trouble and will still do for the next 15 years.
What should we do with this scenario, buying stock that gives a better return of more than 2%,
Currency that grow or performs better than the dollar.
Tiger will be a good place to starts to protect your assets be it in ETF, stocks or fund.
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