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Whats some good stocks to invest in during recession?
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Originally posted by KingDosia View Posthaha, when I read his post I was thinking there are many, many men on skid row who hoped for the same result.
Question Shawn is it really a "gamble" or do you feel you have more control over your investments?
I try and stack the odds in my favor.
Here is an interesting snippet from President Obama which demonstrates why the economy will not be improving any time soon, and why the automakers will continue to be the worst sector on the planet.
"I don't see organized labor as part of the problem," Obama said. "To me, it's part of the solution."
Obama recently signed legislation to strengthen unions...
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Originally posted by res View PostOfcourse you have to know when to get in and get out, I wouldn't just leave money in Ford motors indefinitely. Prudent people jumped in on Citibank and got out at the right time.
Oh and lol i wouldn't bet long term against the oil companies.
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Originally posted by !! Shawn View PostI do not feel like I am gambling in the market. If one equates gambling to playing dice, I equate how I invest to playing with loaded dice.
I try and stack the odds in my favor.
Here is an interesting snippet from President Obama which demonstrates why the economy will not be improving any time soon, and why the automakers will continue to be the worst sector on the planet.
"I don't see organized labor as part of the problem," Obama said. "To me, it's part of the solution."
Obama recently signed legislation to strengthen unions...
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Originally posted by !! Shawn View PostMunicipal bonds are a great investment, but steer clear of commodities. While you can make loads of money, more than likely, you will end up losing every penny you have.
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Originally posted by !! Shawn View PostThats not quite true. Quite a few companies will go out of business in the coming years, and quite a few stocks will go to zero. There is only a fixed amount of money at play, for someone to win, someone also has to lose.Last edited by res; 01-30-2009, 02:53 PM.
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Originally posted by KingDosia View Postnother fine point, at one time this country hired people to dig ditches and then fill them back up to battle recession.
I only know a few people actually making a living investing money. They are preaching alternate energy day and night.
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Originally posted by !! Shawn View PostI am very fond of alternative energy, its my one speculative field. I'm not comfortable recommending anything because they are too speculative, but there are some great ideas an emerging technologies out there. One of my favorites is algae biomass reactors for ethanol production.
So far they only come up with a bacteria that turns everything to ethyl.
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