By: Tim Melvin
Imagine that, back in January, you were given an ironclad forecast of how the world and economy would shape up in the first half of 2014.
You would have known in advance that the U.S. GDP would have a negative print for the first quarter, that Ukraine would explode into violence with Russian involvement -- and that the much-touted housing recovery would begin to show signs of slowing down.
You would have known that Iraq would see sectarian violence, and that Islamists separatists would successfully attack major cities and seriously destabilize the region. You would have had information showing you that the prices of important food items like coffee, hogs and cattle would experience double-digit price surges.
Related: 5 Smart Money Managers Taking A Shine To Gold Miners
You would have foreseen the strict, new environmental regulations imposed on industry and utilities. The slowdown in retail profits and decline in consumer confidence would have been no surprise to you, because you would already be in the know about these things. Continue reading "3 Reasons To Quit Trying For The Impossible With Your Investments"
