Tags: Ben stein.

When not denying environmental degradation, Ben Stein is giving bad advice on mortgages, commodities and overseas investments.

 

Submitted: Jun 25, 2007    Views: 271    Comments: 1    Likes: 6   


View Article: http://finance.yahoo.com/expert/article/yourlife/37252


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soczie
soczie

Stein is pretty bright if you ask me, and his advice is not unreasonable. First, holding a mortgage makes sense for tax and cash flow purposes. Second, commodities are risky. Third, you should diversify your investments outside of the US. In principle, each point has merit. I happen to disagree with the third piece of advice. I believe that at this point in the emerging market cycle, you would be best to keep your investments very, very heavily in the US.

Posted: Jun 25, 2007



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