Investing for the economic collapse

[AgeOfEnlightenmentSCP]

Investment professionals aren't exactly known for being on the cutting edge. This, in my opinion, is just another indication that I'm right- we're well into an economic meltdown:

dealbook.nytimes.com/2011/06/29/a-new-investment-strategy-preparing-for-end-times/

New Investment Strategy: Preparing for The End Times

“Clients are suddenly realizing the world isn’t as rosy as it’s been,” said Ahmed Fattouh, a hedge fund executive. “It makes a lot of sense to have these tail protections on.”

That is, protections against what Wall Street calls “tail risk” — a disaster that is estimated to have less than half a percent chance of happening.

Investors learned about tail risk the hard way. For decades, diversification — spreading holdings across stocks, bonds and other investments — was promoted as the way to protect investments from market crashes. But the financial crisis proved that seemingly unrelated assets could fall in unison. As a result, an increasing number of investors now want protection for financial end times.

[billisonboard]

From the link in the OP:

"Investment professionals have a new pitch: The sky could soon be falling. ...

"...These funds and offerings, usually costly and complicated, .."

"... 'Focusing on tail risk strategies — I’m just a little suspicious. It’s a little bit of a sales technique.'"

Have no fear. Whether it is fear that "that little itch might be telling you something" or fear that the world is coming to an end, there will be someone who is more than happy to sell you something to calm the fear.

[privateinvestor]

Jimmy Roger says buy Gold and Jimmy Cramer says sell your stock...we may see a government default in a few weeks...so be prepared I guess....but as for me I will just wait it out again and see no reasons to panic we were all here before in the fall of 2008 and manage to do OK and some did even better in 2009 and 2010...lucky guys/gals...

[djAdvocate]

i have been investing for the end game since 2007. it has gone very very well for me.

[AgeOfEnlightenmentSCP]

When Robert Kiyosaki is telling people to have a gun...

[AgeOfEnlightenmentSCP]

I agree with the basic sentiment that you should sell when people are being greedy and buy when people are being fearful...there's a time when that sense of unease should be paid attention to. Every once in awhile chicken little is a black swan.

[ugonow]

This, in my opinion, is just another indication that I'm right-

Ceasers will probably be willing to take your money on a wager on it also....IMO that does not mean you are right.