1 posted on
02/27/2007 1:29:58 PM PST by
bobjam
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To: bobjam
2 posted on
02/27/2007 1:30:29 PM PST by
xrp
(Republicans Message: Vote for us, we suck less than Democrats.)
To: bobjam
If you have money buy up assets at depressed values. The key is to have money during the depression. If you don't then you are in a very tough position as jobs and business opportunities are scarce.
To: bobjam
4 posted on
02/27/2007 1:31:12 PM PST by
HOTTIEBOY
(HUNTER: "I don't have to hire a consultant to develop a conservative image, I am a conservative.")
To: bobjam
save all the money you can in good times, spend it in bad times
5 posted on
02/27/2007 1:32:07 PM PST by
Mr. K
(Some days even my lucky rocketship underpants don't help)
To: bobjam
Wait a few days, see if there are further losses and then put in a buy order. I'm limiting my international exposure because they're more volatile and liquid, although they can also provide huge returns.
But I'm older and an early retiree so I am not interested in aggressive investing.
BTW, 2 friends of ours started using Motley Fool's advice ($200/year for the advice) and made 40-something percent last year. They have a good track record.
6 posted on
02/27/2007 1:32:25 PM PST by
Peach
To: bobjam
Beer distributor.
7 posted on
02/27/2007 1:32:49 PM PST by
atomicpossum
(Replies must follow approved guidelines or you will be kill-filed without appeal.)
To: bobjam
Make bras or get into entertainment.
To: bobjam
Buy Low Sell High
In a recession people and companies repair what they have in Capital Equipment, and in Surge...buying new stuff and equipment to keep up is the rule...always move like a boxer to take advantage of every cycle...
To: bobjam
I knew a family that benefited from an ancestor who wisely saved his cash...and when the Great Depression hit, he bought land...and lots of it and at cheap prices.
11 posted on
02/27/2007 1:35:17 PM PST by
P-40
(Al Qaeda was working in Iraq. They were just undocumented.)
To: bobjam
Invent a car that runs on Muslim outrage.
To: bobjam
Smuggle whiskey across the Canadian border like Joe did. Maybe it will still work.
13 posted on
02/27/2007 1:36:06 PM PST by
fish hawk
(The religion of Darwinism = Monkey Intellect)
To: bobjam
Don't bank on a "depression"
15 posted on
02/27/2007 1:36:38 PM PST by
xcamel
(Press to Test, Release to Detonate)
To: bobjam
By having cash to buy things that will be sold for far less that their true value from people with no common sense to plan ahead, which they in turn sell back to the morons at an inflated price.
Next question?
16 posted on
02/27/2007 1:36:58 PM PST by
Beagle8U
(Jimmy Carter changed me into a Republican.......R. W. Reagan made me DAMN proud of it!)
To: bobjam
Go to McDonalds and spill hot coffee on your lap and sue.
17 posted on
02/27/2007 1:37:09 PM PST by
fish hawk
(The religion of Darwinism = Monkey Intellect)
To: bobjam
Essential commodities & education services.
20 posted on
02/27/2007 1:38:34 PM PST by
mnehring
(Virtus Junxit mors non Separabit)
To: bobjam
If 'one' were to "get rich in a depression" I would assume that 'one' would also become a target.
I believe what you want is wealth.
21 posted on
02/27/2007 1:39:03 PM PST by
ASOC
To: bobjam
"How does one get rich in a depression?"
bootlegging to get a stash, than enlarge that with inside trading in stocl market.. just ask Joseph Kennedy
23 posted on
02/27/2007 1:41:27 PM PST by
sure_fine
( • not one to over kill the thought process™ •)
To: bobjam
Proverbs 10:22
The blessing of the LORD, it maketh rich, and he addeth no sorrow with it.
;-)
To: bobjam
Buy a bar in a decent location.
Think about it. When times are good....people go drink.
When times are bad....people go drink.
All you have to do is change the name of the bar to meet the theme of the economy and you are set.
25 posted on
02/27/2007 1:44:03 PM PST by
CougarGA7
(Posting nonsense since 2001.)
To: bobjam
George Soros would have some ideas. He went into Russia after the fall of the Soviet Union with the full blessings of Bill Clinton and bought up factories, mining operations and other assets at a penny on a dollar. Then he sold these properties off to European investors at huge profits. The last I heard Soros is not welcome in Russia.
26 posted on
02/27/2007 1:44:09 PM PST by
Brad from Tennessee
(Anything a politician gives you he has first stolen from you)
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