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Juan_Tamad
Board Royalty


Joined: Jan 29, 2007
Posts: 6270
Location: Smoky Mountain
Status: Offline
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Posted:
Jan 28, 2008 - 03:43 PM |
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| Post subject: Recession |
Where would you invest your money in times of a recession? |
_________________ what is moral is what you feel good after, and what is immoral is what you feel bad after |
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8lrr8
StreetBeater


Joined: Oct 14, 2004
Posts: 2344
Location: here!
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Posted:
Jan 28, 2008 - 03:47 PM |
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Me_Again
Reacher


Joined: Dec 06, 2005
Posts: 308
Location: Lost
Status: Offline
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Posted:
Jan 28, 2008 - 04:13 PM |
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Gold |
_________________ We make a living by what we get, we make a life by what we give. - Sir Winston Churchill |
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Me_Again
Reacher


Joined: Dec 06, 2005
Posts: 308
Location: Lost
Status: Offline
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Posted:
Jan 28, 2008 - 04:15 PM |
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^ or come to think of it, a brewery or alcoholic beverage company. When people find out how much money or purchasing power they've lost I'm sure the first thing they'll want to do is drown their sorrows... |
_________________ We make a living by what we get, we make a life by what we give. - Sir Winston Churchill |
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yu888
Board Deity

Joined: Jan 25, 2003
Posts: 18044
Location: ZhongShanParkArea SH
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Posted:
Jan 28, 2008 - 04:17 PM |
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tomnoddy_uk
Fire-eater


Joined: Mar 14, 2006
Posts: 2912
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Posted:
Jan 28, 2008 - 04:30 PM |
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look for under-valued asset classes.
commodities a good place to begin. |
_________________ "Eight minutes past the hour here in Belgium - and presumably eight minutes past the hour everywhere in the world." Murray Walker |
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maximus1
Reacher


Joined: June 18, 2007
Posts: 225
Location: Jing'An
Status: Offline
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Posted:
Jan 28, 2008 - 04:37 PM |
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considering the wave of inflation that has occurred and will continue to come, precious metal funds are a great place to be.
outside of gold, recommending staples instead of luxury goods during a recession is correct from a relative performance point of view. but they'll both likely be going down |
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leidelaohu
Wonder Wit


Joined: June 11, 2007
Posts: 3782
Status: Offline
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Posted:
Jan 28, 2008 - 07:30 PM |
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If you're young, take all your money, wait until things get really bad then buy up all the stock you can get. Afterwards you will be sitting pretty. |
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woaihuan
Veejay

Joined: Dec 15, 2007
Posts: 1848
Status: Offline
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Posted:
Jan 28, 2008 - 11:28 PM |
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| leidelaohu wrote: |
| If you're young, take all your money, wait until things get really bad then buy up all the stock you can get. Afterwards you will be sitting pretty. |
Which is fine and dandy until you find out that the businesses you bought stock in went bankrupt. |
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leidelaohu
Wonder Wit


Joined: June 11, 2007
Posts: 3782
Status: Offline
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Posted:
Jan 28, 2008 - 11:44 PM |
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| woaihuan wrote: |
| Which is fine and dandy until you find out that the businesses you bought stock in went bankrupt. |
True. The trick is to choose the ones which will stay afloat and become big winners after the less fortunate outfits pass away. But this is how a lot of merely wealthy people became filthy-rich.
No pain, no gain  |
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dr3x320
Rocker


Joined: Nov 21, 2006
Posts: 638
Location: Boston + Pudong
Status: Offline
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Posted:
Jan 29, 2008 - 03:22 AM |
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Gold, Corn, Soy Beans, Renewable energy, Hillary Clunton, Real Estate (investment rentals if done right).
Real Estate is actually pays back more but contingent on credit. Here in the US, locking mortgages, and housing in Boston selling for 800k+ but with rates and loans at better prices vs. ur credit, its a safe and profitable investment. I make 9K after expenses/mortgages on 1 property alone. Not bad for doing absolutely nothing and paying off your credit cards.
*Edit: this is a tricky topic, many suggestions and opinions. Ultimately noone will tell you [their] moneymaking schemes/secrets to making cash, least not the high reward ones...
Funny thing about the poster on luxury goods, alot of euro's are coming to the US to purchase goods, an item selling for 10,000 USD here, but sold in most other industrial countries would cost 17,000 USD, ie US vs. England pricing on luxury goods. Have 2 friends of the family asking me to purchase them goods in NYC next week on my business trip, they have a big list... get it while its cheapo here I spose. |
_________________ Boston ™ Shanghai ™ Goteborg ™ |
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DesertSpider
Post Roaster


Joined: Jan 19, 2007
Posts: 4417
Location: SHANGHAI, CHINA
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Posted:
Jan 29, 2008 - 10:30 AM |
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Buy low, sell high maybe ? In times of recession isn't it pretty easy to see which stocks are 'good buys'..... ??? |
_________________
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| I'm looking good, got a luscious v of hair going through my chest pubes down to my ball fro. |
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underh20
Shanghai Royalty


Joined: Sep 27, 2006
Posts: 9907
Location: EOA Seminar
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Posted:
Jan 29, 2008 - 10:33 AM |
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^ It's all a crap shoot ... unless you have inside information ... and the ability to escape a grand jury indictment. |
_________________ بارك الله ، بارك الله |
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beautiful_mind0905
Board Lord


Joined: June 18, 2006
Posts: 5647
Status: Offline
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Posted:
Jan 29, 2008 - 11:47 AM |
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Luck of the draw really... |
_________________ Women are the ones who maintain the world while men throw it into disarray with their historic brutality. |
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samcy
Reacher


Joined: July 26, 2007
Posts: 245
Location: SG
Status: Offline
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Posted:
Jan 29, 2008 - 02:37 PM |
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Depending on your time horizon.
If you are looking short term, invest in bonds.
Likely interest rate will be adjusted downward to stimulate spending and borrowing which in turn push up the bond prices.
If you are looking for long term investment ( at least 7 to 10 yrs), buy equities. Prices are already discounted to reflect current economy situation. Typical recession only last about 3 quarters and a bull market build up can take a couple of years. You can go for contrarian view and buy when nobody is buying. |
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