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BS: econ collapse opportunities
| Donuel | 29 Sep 08 - 11:45 AM | |
| PoppaGator | 29 Sep 08 - 12:27 PM | |
| Donuel | 29 Sep 08 - 12:37 PM | |
| Newport Boy | 29 Sep 08 - 12:49 PM | |
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BS: econ collapse opportunities
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Subject: BS: econ collapse opportunities From: Donuel Date: 29 Sep 08 - 11:45 AM The big buyers will prosper from the economic collapse. The bottom is too deep to see but the big boys are buying some things even now. They are NOT buying forclosed properties They are buying high end real estate. They are buying JP Morgan more than Banck of America. They will buy tech like Apple , MS. and others including video game companies. They buy Treasury notes. They are selling most financials. They are buying many great opportunities...with your money. Coal and a select few alternative energy stocks are also a good bet. Also GM is low. The small practical stuff is a big winner if we can figure out what they are. |
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Subject: RE: BS: econ collapse opportunities From: PoppaGator Date: 29 Sep 08 - 12:27 PM If I was younger, and had an extra thousand or two or three socked away for the distant future, I'd buy stock in anything that people have to buy (e.g., food). The price can only go up from here. The prices may not hit absolute bottom today or tomorrow, but probably very soon. The only stocks to avoid would be for products that might conceiveably become obsolete with the advent of new technology, especially "green" tech and alterntaive energy. But even in those fields, the biggest corporations are fairly sure to diversify and figure out ways to make profits even if they have to shift gears. For example, the giant oil companies will probably be able to gradually phase out of oil ~ only after they absolutely have to ~ and start profiteering with natural gas, wind and solar equipment, etc. |
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Subject: RE: BS: econ collapse opportunities From: Donuel Date: 29 Sep 08 - 12:37 PM Super blankets with mylar for those nights without utilities. |
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Subject: RE: BS: econ collapse opportunities From: Newport Boy Date: 29 Sep 08 - 12:49 PM The only opportunity arising from the economic collapse which would interest me is the opportunity to wrest control of politics from big business. But that's not going to happen your side of the pond or ours, is it? Phil |
