Marc Faber : If a person wants to make Easy Money, then he or she should not be in the Stock Market

Marc Faber : Investors can buy exchange-traded funds (ETFs). That said, I am not in favor of ETFs, but that is one way into emerging economies. Face it: it's never easy to make money. If a person wants to make easy money, then he or she should not be in the stock market. It is very difficult to make money in stocks, because people tend not to diversify. They tend to buy popular stocks, such as Apple. And they sell stocks that are temporarily out of favor, such as mining stocks at the present time. They buy high and sell low. Not a recipe for success.

And what is safe? Traditionally, money in the bank is safe. But, as we've seen in Cyprus, it's not so safe, because the deposit earns zero interest, while the cost of living increases between 5% and 10% per annum. Money left in the bank loses purchasing power.- in Goldseek