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Posted on 11/09/2008 10:01:03 AM PST by misterrob
Okay, so we are looking at a few years of outright democrat control of the WH, Senate and House. The prospects for Americans is rather dour on the whole but there are ways to prosper and build "something" for the future. I fully expect people to jump on and complain about outright government confiscation of wealth and compensation and whatever else they need to say but there are other places to rant about that.
What I would like to start a discussion on is how people can make money for themselves, their families and the causes that they choose to donate to over the next few years.
Inflation is more than likely to appear in 2 years with the low interest rates and borrowing of money.
Carbon rules are likely to be implemented so expect costs to increase across the board.
More subsidies for alt. fuels is a pretty sure thing.
Oil is a wild card right now. Oil drilling is going to be on hold while prices fall. The democrats said that drilling would be on the table. Can we expect them to take it off? (Consider that gas prices are going to spike again. That alone could cost them a general election and "Hey man you smell" is pretty shrewd in amassing power. He put candidates up in 2006 that would never stand a chance in winning in liberal districts but they won in more conservative areas so the bottom line is he's about winning, not adherence to a pure liberal dogma.)
Bio fuels means more artificial demand which portends for higher prices and bubble creation. But, there is also derivative product potential that I was just clued into.
Involvement in the auto industry means that the domestic manufacturers are going to have to build cars that they wouldn't otherwise. The supply chain is going to be impacted in a major way.
So, with some of those thoughts in mind, can we talk about sectors, technologies, commodity markets or companies that might be worth looking at? The proviso is, of course, that this discussion is for informative purposes only. If you want to just rant then please go somewhere else. Don't ruin the discussion for other people might want to hear about opportunities.
If anyone has a finance list or know of anyone else out there with an interst in this stuff please pass it along.
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Yes he is going to gut our military — but that only means that t next administration will be obliged to plus up and plus up quickly.
Ping!
I just got a new job in an auto parts store. The way the economy is now and the way it will go under OBummer, people will need to keep their heaps and jalopies running. It’s quite busy in auto parts stores new.
Atlas Shurgges, go to a cash economy where possible.
Meaning work for cash under the table, be paid in cash whenever you can.
Start breeding family dogs and sell for cash.
Any type of enterprise that allows you to earn cash.
If your earnings are via checks work ONLY enough time to come in under the top rate, anything else will be stolen by the marxists.
and remember where no receipts are made no tracks are laid.
alternative energy stocks
Take their money and donate it to Sarah-012.
That's when the fun starts. They'll be able to write inflow/outflow computer reports from your financial data, and redflag even paltry discrepancies on your personal balance sheets.
That might be something to consider in 2-3 years time.
Andy Willaby’s 3 step plan
Make sure to use technical analysis on any sector plays. Look particularly at moving averages (MA) to determine when trends are ending. Follow the long-term trend - 200-day MA. If you are looking at REITs - buy them when they are close to trading at book value and when the dividend yield is close to or over 10%.
Some equity index annuities have 3.5% a month caps now which means you get as much as 3.5% a month on the upside with no downside. So technically if the market rebounded and went up 3.5% a month or over 40% - you would catch all the upside with no downside. Some have bonuses too like 10%. People can roll out of IRAs or 401Ks into annuities too. The Dems have been saying they will go after 401K. I doubt they will do it but I am almost positive they will not take on the insurance companies.
Oil will eventually go up. The Saudis and UAE paid for this election and want us to be oil serfs. The joke is we have 4 times the saudis reserves in shale oil, coal diesel and ND oil.
If we had reined in Fannie & Freddie and Bush had signed executive directives on getting to our energy - we would not be where we are today. After 9/11 Bush should have said - we got the energy and to protect America we have to get it now. Things we actually pretty damn good before Pelosi and Reid took over in 2006. Conservative talking heads need to reinforce that. Pelosi’s NO Energy Policy, Fannie & Freddie, lax SEC on short selling and leveraging up investment banks did this.
Oh and “good guy” Warren Buffett was a Freddie shareholder less than a decade ago and he is tied up closely with this O crowd.
This week, I bailed out of all my stocks: HAL, NOC, TEVA, CAT, BUD, GT, and a few others. I put all my money into a gold fund. Seemed like it was a safe idea, but I truly have little idea what I'm doing, so any input from others would be much appreciated.
Thatnks for posting this misterrob, good thinkin' outta you.
Owl_Eagle
”You know, I'm going to start thanking
the woman who cleans the restroom in
the building I work in. I'm going to start
thinking of her as a human being”-Hillary Clinton
(Yes, she really said that
Peggy Noonan
The Case Against Hillary Clinton, pg 55)
We could also follow in our dear leaders footsteps (Barack the merciful and only one of the true light) and act like several of his friends and rob banks, armored cars and steal candy from little kids.
Oh and kill innocent people and bomb government buildings and kill members of his national police force. /END SARCASM/
Meaning the above is a joke and by no means am I advocating to any red blooded American that they should in any way do these things without the prior approval of His Devine Holliness and One True Light to the Whole Wide World Baracus Insane Obamicalewensky
I think the dollar tree type of stores are going to be a good place to go to.
I predict higher taxes and more regulations will cause the “underground” economy to grow.
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