Money For The Rest of Us

Investment help and financial guidance for the rest of us.

  • Home
  • Your Info
  • Contact
  • Log In
  • Search
  • About
  • Podcast
  • Guides
        • Asset Classes

        • A Complete Guide to Investing in TIPS and I Bonds
        • A Complete Guide to Equity REIT Investing
        • A Complete Guide to Mortgage REIT Investing
        • A Complete Guide to Investing in Gold
        • A Complete Guide To Investing In Convertible Bonds
        • Investing in Oil and Volatility ETFs
        • Investment Vehicles

        • A Complete Guide to Investment Vehicles
        • How to Invest in Closed-End Funds
        • What Are SPACs and Should You Invest in Them?
        • IVOL ETF Analysis and Review
        • Fundrise Real Estate Interval Fund Review
        • Money and Economics

        • A Complete Guide to Understanding and Protecting Against Inflation
        • Strategy

        • What Is Risk vs Uncertainty?
  • Members
        • Tools

        • Asset Allocation and Portfolio Tools
        • Current Investment Conditions and Strategy Report
        • Strategic and Adaptive Model Portfolios
        • David’s Current Portfolio
        • David's Portfolio Trades
        • Podcast

        • Plus Premium Episodes
        • Community

        • Forums
        • Resources

        • Member Resources
        • Member Downloads
  • Join
You are here: Home / Podcast / 7: Predicting The Economy and the Stock Market – Can It Be Done?

7: Predicting The Economy and the Stock Market – Can It Be Done?

June 5, 2014 by David Stein · Updated October 28, 2020

Every investor has three choices. They can ignore the future, predict the future, or react as the future unfolds into the present. In this podcast, we’ll take a close look at each of these strategies and what it takes to be successful at each one.

2000horse

You’ll learn:

  1. The impenetrable wall every investor faces.
  2. Why futurists in 1900 thought horses would become extinct.
  3. Why it’s easier to predict what will not change versus what will.
  4. The three ways to invest.
  5. How to tell if the economy is likely to enter a recession using purchaser managers indicies (PMI’s)
  6. How buy and hold investing is like riding a roller coaster.
  7. How to invest on the leading edge of the present.
  8. Renowned British economist John Maynard Keynes’ prediction in 1930 that we would only work 3 hours a day within 100 years.
  9. What Keynes got right about his prediction of the future and what he got wrong.
  10. Preview of episode 8, what would happen to the economy and the stock market if everyone worked only three hours a day?

Show Notes

Ladies Home Journal article by John Elfreth Watkins, Jr. – What May Happen in the Next Hundred Years.

John Maynard Keynes talk – Economic Possibilities for Our Grandchildren

Great free source for PMI data – Markit PMI Press Releases

Want to become a better investor?

Get David’s 10 question guide to master successful investing along with expert weekly insights to help you build your wealth with confidence.

Related Pages

Market Timing Versus Time in the Market

Rebalancing, Overvaluation, Market Timing, and Stock Splits

Ready to get serious about your investing?

Access professional-grade portfolio tools, training, and a community to help you stay on track, tune out the noise, and grow your wealth with confidence.

Learn How

Filed Under: Podcast Tagged With: prediction

J. David Stein
Darby Creek Advisors LLC
P.O. Box 68544 • Tucson, AZ • 85737

Copyright © 2021 • Disclosures, Privacy Policy, and Cookie Policy • Site by Tempora