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Super Moderator
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Taking advantage of the recession/depression
So now that we're on the way down, lets talk about the way the smart money can profit long-term from the recession/depression.
Ideas? Foreign Currency while the dollar continues to tank? "Safe" investments while the market turns down? Save save save?
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Chris ---------------------------------------------- 1996 993 RS Replica 2023 KTM 890 Adventure R 1971 Norton 750 Commando Alcon Brake Kits |
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09-25-2008, 12:04 PM
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AutoBahned
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do what Buffett did
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09-25-2008, 12:10 PM
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JW Apostate
Join Date: May 2004
Location: Napa, Ca
Posts: 14,164
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Waste away in Margaritaville?
KT
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'74 914-6 2.6 SS #746 '01 Boxster |
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09-25-2008, 12:28 PM
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Too big to fail
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The trick is finding the bottom.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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09-25-2008, 12:44 PM
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Dog-faced pony soldier
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Don't try to catch a falling knife. And this is a very big knife and it's got a long way to fall yet.
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A car, a 911, a motorbike and a few surfboards Black Cars Matter |
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09-25-2008, 12:48 PM
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AutoBahned
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Quote:
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09-25-2008, 03:52 PM
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JW Apostate
Join Date: May 2004
Location: Napa, Ca
Posts: 14,164
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Jimmy Buffet, right?
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'74 914-6 2.6 SS #746 '01 Boxster |
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09-25-2008, 03:55 PM
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AutoBahned
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Warren is doing well....
next 6 months will be good time to pick stocks - avoid the relief rally pricing & get ready for the next business cycle same for mutual funds... |
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09-25-2008, 04:26 PM
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Registered
Join Date: Feb 2006
Posts: 4,844
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buy all the toys you can afford............now or next month. with people jumping out of windows having heart failure, getting deeee-vorced over their stupid ass dumbass moronic investments in questionable companies and get rich quick schemes.....................toys ie. boats planes cars bikes will be a dime a dozen.
dont believe me????.................look at used gun prices here recently. full auto class 3 excluded for the most part. |
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09-26-2008, 02:56 AM
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,383
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I find burning dollar bills in my fireplace is cheaper than using my furnace. Thanks inflation!
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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09-26-2008, 04:38 AM
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Certified Pre-Owned
Join Date: Aug 2002
Location: Nanny State
Posts: 3,132
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Quote:
Oh, wait...
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'84 Carrera Coupe |
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09-26-2008, 06:11 AM
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1970 Porsche 911 S 
