I'd just invest in land and food. can't live without those. bearing that, also an education. Not in hobbies, but in improving oneself. You then always have it with you and it does not depreciate. I can't invest in land or food, so I'm going back to school :P
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.
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.
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.
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.
Order by Time Order by Popularity
30 Comments
Login to comment
0
some14some
Nobody likes anybody's advice and those who have money will listen to economy experts paid advice than common-man using free website.
0
smartacus
I've always invested in real estate and I've never lost on it.
0
Altria
The Aussie dollar's looking like good value for your yens.
0
thepro
Outer space. This planet is almost done.
0
bamboohat
Pork Bellies.
0
Bholder
invest in your bodies. it's gonna be the survival of the fittest sooner than later
0
Spidey
A mattress.
S
0
Disillusioned
Buy Aussie dollars!
0
sf2k
I'd just invest in land and food. can't live without those. bearing that, also an education. Not in hobbies, but in improving oneself. You then always have it with you and it does not depreciate. I can't invest in land or food, so I'm going back to school :P
0
ptolemy
Food, clothing and shelter. Anything left over stuff in a coffee can.
0
mareo2
Gold or bonds, waith until the prices start to go up, then sell them and buy properties or shares at dirty cheap price.
0
shuuu
Rice. Hoard rice.
0
Farmboy
Gold is good, and in a little while, oil will be good again. In about 4-6 months, start nibbling at solid, high interest stocks like GE.
0
buttamimi
Invest in personal development and happiness.
0
Triring
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.
0
ultradodgy
Campbell's soup.
0
davidattokyo
The Aussie peso should be avoided. It's going to go down and down and splat with the rest of the Aussie economy.
0
sdmsec
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.
0
sdmsec
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.
0
Altria
Invest in whale blubber futures, then david?
0
cow76
Put all your money into pigs.
0
Farmboy
cow76,
Okay, it's there, though they were a little annoyed. Now what do I do?
0
nisegaijin
gold
0
Mark_McCracken
Gold, silver and cash, but not US dollars.
0
tclh
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.
0
timorborder
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:
0
cactusJack
One word: Pork Belly Futures.
0
ptolemy
I thought about it long and hard, CHINCHILLAS.
0
OssanUSA
There are an awful lot of people around the world right now who can't say that. You're very lucky.
Back to top