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Latest 15 of 30 Total Comments Show All
Triring at 08:38 AM JST - 29th October
If I had the money, I would definitely invest in oil future index since the oil prices right now are way under valued. If you look at the prices before the steep climb which started couple of years ago, it still costed around 70~80 dollars a barrel right now it is below 70. Although world economy is heading for a recession, possibly a depression it there are still bare needs of oil.
ultradodgy at 11:07 AM JST - 29th October
Campbell's soup.
davidattokyo at 12:23 PM JST - 29th October
The Aussie peso should be avoided. It's going to go down and down and splat with the rest of the Aussie economy.
sdmsec at 01:08 PM JST - 29th October
I think it's still premature to "invest" yet. Right now, I'd say "protect" your wealth by purchasing a little gold and perhaps spread your cash between US Dollars, CHF (Swiss Francs), NZ Dollars, and Singapore Dollars (possibly some Yen, too).
Wait a little while watching commodities closely - particularly agricultural commodities. Buy some shares of an ETF (NOT ETN) that holds futures in agricultural commodities on the next big dip. Continue watching and buying on any big dips.
I think the Stock Market may hit a bottom and stay there for a fairly extended time, so there's no need to try to "rush in at the bottom" - it'll be there for a while.
My current concerns are based on the fact that the housing bust followed by the credit bust are aligned and exacerbating a recession. As people continue to lose jobs and purchasing power more businesses will cut back. This leads to a commercial real estate bust, a credit card bust, and prime mortgage defaults as unemployed people can't pay mortgages or credit card bills.
In conclusion, I think the deleveraging has only begun. There's a LOT of outstanding debt that can't be repaid as the economy slumps and jobs are lost.
sdmsec at 01:10 PM JST - 29th October
P.S. I forgot to mention that if you have some excess money right now I'd start first by setting aside a rainy-day fund of both cash and food.
Altria at 01:15 PM JST - 29th October
Invest in whale blubber futures, then david?
cow76 at 01:48 PM JST - 29th October
Put all your money into pigs.
Farmboy at 01:57 PM JST - 29th October
cow76,
Okay, it's there, though they were a little annoyed. Now what do I do?
nisegaijin at 03:48 PM JST - 29th October
gold
Mark_McCracken at 04:08 PM JST - 29th October
Gold, silver and cash, but not US dollars.
tclh at 08:48 PM JST - 29th October
Gold silver,education ,nice piece of farm land with permanent spring water or river,the rest will be used for eat drink enjoy ,be merry before your money become worthless paper.Of course if you have nice house ,nice cars already.
timorborder at 10:06 PM JST - 29th October
Irony On:
What about illegal drugs, with the xrse falling out of the world economy, and people becoming unemployed in their millions, I would assume that the price of certain mind-altering substances would go through the roof with so many people with so much time on their hands. Then again, many of these people could experience the same mind-numbing sensation by simply watching Japanese TV.
Irony Off:
cactusJack at 11:51 PM JST - 29th October
One word: Pork Belly Futures.
ptolemy at 11:53 PM JST - 29th October
I thought about it long and hard, CHINCHILLAS.
OssanUSA at 05:08 AM JST - 30th October
There are an awful lot of people around the world right now who can't say that. You're very lucky.