commander bunnypants
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Thu Feb-19-09 11:09 AM
Original message |
Should I start investing gold? |
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Everything else is tanking
What cha think?
CB
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crispini
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Thu Feb-19-09 11:20 AM
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1. Hell NO. Gold is high. |
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Buy low, sell high, remember?
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commander bunnypants
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Thu Feb-19-09 11:44 AM
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2. what should I invest in the? |
Robb
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Thu Feb-19-09 11:47 AM
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3. Whatever's low, but likely to come back up. |
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I suggest getting an option on Brett Favre. :D
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crispini
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Thu Feb-19-09 11:53 AM
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4. Stock. It's what Buffet is doing. |
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Warren, not Jimmy. :D
Find something you like that is undervalued and buy it. I like to buy stock in companies who make things I use myself.
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commander bunnypants
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Thu Feb-19-09 11:58 AM
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crispini
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Thu Feb-19-09 12:05 PM
Response to Reply #5 |
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Look into breweries. You could do worse. People probably drink MORE in recessions.
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AlCzervik
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Thu Feb-19-09 12:06 PM
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7. Check the sin stocks, with the economy in the shit people are probably drinking and smoking more. |
skygazer
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Thu Feb-19-09 12:08 PM
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8. I can attest to that - I sell booze |
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My department is the only one in the store that is consistently up over last year's numbers. People drink when times are good - they drink more when times are bad.
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eyesroll
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Thu Feb-19-09 12:09 PM
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I've never understood the gold standard. Gold is valuable because someone once said it was valuable--it has very little actual use. Pretty jewelry, sure...but you can't eat it, can't live in it, can't heat with it, can't cure cancer with it.
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DU
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Mon May 13th 2024, 01:51 PM
Response to Original message |