Does it really matter if it’s the year of the pig?
Believe it or not, there were several articles in the financial news today emphasizing that we are about to enter a new Chinese new year–the year of the pig–on Feb 18th.
These articles described how many in Asia are using this sign of the times to make investment decisions. Apparently, the geomancers–people who divine the future by reading stars, numbers and energy flows–are telling people to stay away from stocks and bonds and to consider buying real estate and paper-related businesses.
This may be a good year for real estate and paper-related businesses, and it may be a bad year for stocks and bonds, but I don’t think the stars or numbers or energy flows have anything to do with it.
If you think that such methods are a good way to make investment decisions, please consider the long term records of those who have made good investing decisions, and notice that there isn’t a single geomancer among them.
Nothing in this blog should be considered investment, financial, tax, or legal advice. The opinions, estimates and projections contained herein are subject to change without notice. Information throughout this blog has been obtained from sources believed to be accurate and reliable, but such accuracy cannot be guaranteed.