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cstreit's Avatar
 
Join Date: Feb 2000
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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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Old 09-25-2008, 12:04 PM
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do what Buffett did
Old 09-25-2008, 12:10 PM
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Waste away in Margaritaville?


KT
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Old 09-25-2008, 12:28 PM
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Send a message via AIM to widebody911 Send a message via Yahoo to widebody911
The trick is finding the bottom.
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Old 09-25-2008, 12:44 PM
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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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Old 09-25-2008, 12:48 PM
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Quote:
Originally Posted by trekkor View Post
Waste away in Margaritaville?


KT
great idea!
Old 09-25-2008, 03:52 PM
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Jimmy Buffet, right?
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Old 09-25-2008, 03:55 PM
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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...
Old 09-25-2008, 04:26 PM
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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.
Old 09-26-2008, 02:56 AM
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I find burning dollar bills in my fireplace is cheaper than using my furnace. Thanks inflation!
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Old 09-26-2008, 04:38 AM
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Quote:
Originally Posted by widebody911 View Post
The trick is finding the bottom.
I'll race you there.

Oh, wait...

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Old 09-26-2008, 06:11 AM
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