Pop Music and Market Wisdom
Save it for later
Don’t run away and let me down
Sooner or later
You hit the deck, you get found out
Save it for later
Don’t run away and let me down
–The English Beat, "Save It For Later"
Members of the 1980s alternative band The English Beat probably weren’t thinking about stocks when they wrote their hit "Save It For Later," but the lyrics from the song certainly describe the market over the past year. Sooner or later, you hit the deck and get found out. This is the case with all of those toxic assets infecting the market right now, and the only cure to this disease is to save your cash up for later.
Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.
His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.
