OT: What can we invest in?

NotDave (Howyadoin?)
on 3/10/09 6:54 am - Japan
 My wife goes to investment seminars a lot. Yesterday they were saying China would be the first to recover (and recover strongest) and Japan the last. They specifically recommended anything related to public works, railroads and so forth.

 

NotDave (Howyadoin?)
on 3/10/09 7:43 am - Japan
 One would think that since the government is very very unlikely to let Citi and BOA fail, that their stock would create a windfall:

http://www.bloomberg.com/apps/news?pid=20601087&sid=avjYcESZ 4uqs&refer=worldwide

 

NotDave (Howyadoin?)
on 3/10/09 7:51 am - Japan
 Gotta watch those TV financial advisors, though as demonstrated by Jon Stewart on the Daily Show:

The Daily Show With Jon StewartM - Th 11p / 10cCNBC Gives Financial AdviceDaily Show Full Episodes
Important Things With Demetri MartinPolitical Humor
Economic Crisis  

 

NotDave (Howyadoin?)
on 3/10/09 7:52 am - Japan
NotDave (Howyadoin?)
on 3/10/09 7:56 am - Japan
JFish
on 3/10/09 10:16 am - Crane, TX
If I had some serious money I'd invest in vacant lots in the inner cities. When everybody in America's pension fund becomes insolvent, there will be enough starving baby boomers  to make 10 Monty Python movies. You gotta stack all the bodies somewhere. And there won't be any gasoline to haul them out of town. That **** has been declared persona non grata.

OK. I'm just kidding. But barely.
The free man owns himself. He can damage himself with either eating or drinking....... If he does he is certainly a damn fool, and he might possibly be a damned soul; but if he may not, he is not a free man any more than a dog.
NotDave (Howyadoin?)
on 3/10/09 11:10 am - Japan
On March 10, 2009 at 5:16 PM Pacific Time, JFish wrote:
If I had some serious money I'd invest in vacant lots in the inner cities. When everybody in America's pension fund becomes insolvent, there will be enough starving baby boomers  to make 10 Monty Python movies. You gotta stack all the bodies somewhere. And there won't be any gasoline to haul them out of town. That **** has been declared persona non grata.

OK. I'm just kidding. But barely.
 It is worrisome. I've been reading and reading and reading about the economy and while everyone agrees there are huge problems, no one really knows (not Obama, not LIMBAUGH-!-, not anyone, what the solution is or if a real solution exists.

Biden was probably making an understatement when he said several weeks back, "There's still a 30% chance that none of this will work." 

 

NotDave (Howyadoin?)
on 3/11/09 6:54 am - Japan
 Do I see a rally in the market? Wouldn't that be just too much for Rush Limbaugh to bear? Probably wishful thinking though:

http://online.wsj.com/article/SB123676922949993593.html

 

snicklefritz
on 3/11/09 7:47 am - Cincinnati, OH
I am buying my Bank stocks FITB. It is real low but we are well capitalized and if to even goes to 2.00 a share that is a huge profit

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