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How would you get rich if you knew what you know now, and then got stuck in 1999?

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Neoma Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:24 AM
Original message
How would you get rich if you knew what you know now, and then got stuck in 1999?
Stock market? Create Youtube before youtube does?
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Cirque du So-What Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:27 AM
Response to Original message
1. You mean after
trying to scam everyone by scaring them about Y2K?

Just kidding.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:29 AM
Response to Original message
2. Dunno. I am ignorant of all things investing
But I think I would sell any Microsoft stocks before Vista came out. ;)
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:33 AM
Response to Reply #2
6. All you needed to know was to buy a farm near a city in '99 and sell it in '07
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:41 AM
Response to Reply #6
14. If I had a farm, I would know what years to plant wheat and when not to.
Edited on Mon Jul-13-09 08:43 AM by havocmom
Live in a rural area with lots of wheat and cattle. That part I would get. Folks around here who OWN the wheat and cattle production are interesting to watch. Instead of selling high, too many hold out in hopes of selling HIGHER. Those folks keep getting hit hard when prices dive. I am learning a lot about greed watching neighbors. Much of what I learn could probably be applied to the stock market, and Capitalism in general: Too much greed will destroy everything.

Edited to add: It is really sad to watch city folks who bought a few acres on the outskirts and then put horses on it, thinking a few acres would feed them. We are seeing horses and llamas being dumped in pastures out here in the boonies. Very sad.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:30 AM
Response to Original message
3. My granny rode it out in 1929
She had come from money and had done well in a divorce. About a third of her stocks survived and she was quite a comfortable woman when she died in the early 50s.

She did have a few miserable years under Hoover, though, whom she idolized (go figure). She and my mother had many months of eating oatmeal three times a day. However, they ate, kept their house, and didn't have to take in boarders.

Unfortunately, there's no way to tell what the right thing to do is until it's all over and every crash is different.

Had I been transported back to the 1920s, I'd have socked away every single dime I could get my hands on until the crash and gone into poverty mode until the bottom in 1933. Then I'd have bought as much AT&T and Standard Oil as I could.

So there.
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WillyT Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:31 AM
Response to Original message
4. I'd Have Saved Every Penny I Could, And Then...
bet it all on Mine That Bird at the Kentucky Derby in 2009.

:evilgrin:

:silly:
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:31 AM
Response to Original message
5. E-Bay would have an owner named Thom and be based in West Virginia
Edited on Mon Jul-13-09 08:32 AM by ThomWV
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:38 AM
Response to Reply #5
11. EBay started before 1999
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CJCRANE Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:34 AM
Response to Original message
7. Invest in Big Oil, Halliburton, Blackwater.
Edited on Mon Jul-13-09 08:40 AM by CJCRANE
Make put options on certain companies just before 9/11.

Oh waitaminute, there are people who already did that...I wonder what they knew...

:shrug:
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 09:03 AM
Response to Reply #7
18. Let's Start With Who They Are First........nt
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DU9598 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:34 AM
Response to Original message
8. Talk to Al Gore
I would tell him how the vote is going to be stolen in Florida and that he needs to campaign a bit in Tennessee ... and if he won't take my call I would buy Halliburton and Oil stocks exclusively.
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scheming daemons Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:40 AM
Response to Reply #8
12. Bingo... we have a winner... in addition to this....

Visit a few thousand old people in Palm Beach and tell them to look CAREFULLY at their ballot, because it is confusing and they might accidentally end up voting for Buchanan.
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democrat_patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:34 AM
Response to Original message
9. Buy lot's and lot's of Google stock.
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Wiley50 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:38 AM
Response to Original message
10. Become aRepublican?
Nah
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:40 AM
Response to Original message
13. I would have become a veterinarian
That is about the only business around here where business seems steady as ever.

Don
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WeDidIt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:50 AM
Response to Original message
15. I'd buy tech stocks up in January and sell out in September
Using all of the funds achieved to buy up oil stocks, as well as Halliburton, then ride out the next eight years.
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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:53 AM
Response to Original message
16. This reminds me of the book "Replay"...
...where a guy dies and wakes up as a much younger man--but with all of his memories
and knowledge intact.

He does become very wealthy. He remembers which horse won certain races and he places bets, and then
parlays his winnings into the stock market, where he makes even more.

Interesting book. Highly rec'mend. Also ponders the questions...would you marry the same person again?
Would you make the same choices?
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sfwriter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-15-09 08:55 AM
Response to Reply #16
28. Replay is my favorite book EVER.
I'm glad someone else has read it.
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newfie11 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 08:57 AM
Response to Original message
17. Buy oil stocks and houses then sell at the peak! n/t
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global1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 09:05 AM
Response to Original message
19. Sell Stuff To Bernie Maddoff At Outrageous Prices......nt
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11 Bravo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 09:09 AM
Response to Original message
20. Sports gambling. n/t
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-15-09 09:07 AM
Response to Reply #20
29. exactly!
that's what i would do...
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 09:10 AM
Response to Original message
21. Whatever I did would make no difference -
if insanity is doing the same thing and expecting different results, what do you call it when everything you do produces the same result?
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sfwriter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 09:29 AM
Response to Original message
22. Buy apple at $15 Sell at $185 after two splits. EOM
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seabeckind Donating Member (406 posts) Send PM | Profile | Ignore Mon Jul-13-09 09:57 AM
Response to Original message
23. The question makes a invalid assumption
It presupposes that one of my primary goals in life is to have money, to be rich. I need enough money to be comfortable and not have to worry about it. Oh, and my comfort does not have a lexus label -- perfectly happy with a stick shift ford.

I might have done things differently in 1999, but trying to become rich wouldn't have been in the top 10.

For example, who could predict that living 40 miles from Seattle would put me slap in the middle of a bunch of red neck conservatives? Eg, comment in local paper about burning yard waste: "Sure, everyone has the right to breathe -- heh, heh, bring their own oxygen bottle."

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lumberjack_jeff Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 10:05 AM
Response to Reply #23
24. Kitsap county is a collection of navy towns. n/t
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Neoma Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 04:15 PM
Response to Reply #23
26. That question has nothing to do with 'primary goals' blah blah.
I'm writing a book. I'm trying to figure out how the fuck a person without even a birth certificate can gain money. He happens to have lived in 2009 before. Your post is an assumption.
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zbdent Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 11:18 AM
Response to Original message
25. bet someone a million dollars that an idiot would be a president with an "approval rating"
Edited on Mon Jul-13-09 11:19 AM by zbdent
of nearly 90 percent, in October 2001 ...

and then I would bet that person double or nothing that a man with the middle name "Hussein" would be elected President in 2008.
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mamaleah Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-13-09 04:18 PM
Response to Original message
27. Buy Google stock. Lots of it., Invest in gold. It was only about 1/3 of what it is now. n/t
Edited on Mon Jul-13-09 04:19 PM by mamaleah
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Ganja Ninja Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-15-09 09:10 AM
Response to Original message
30. Buy oil futures and Halliburton stock. n/t
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Shrek Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-15-09 09:35 AM
Response to Original message
31. Powerball twice a week n/t
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