Posted on 07/04/2010 7:06:30 PM PDT by blam
If that means sitting in high levels of cash for a prolonged period of time, I find that acceptable since capital preservation is our number one goal.
I thought of this:
Uber Bull Barton Biggs Throws In The Towel, Slashes Stock Holdings
“I’m not putting my money into anything. I’m raising cash.”
"His advice: individual investors should move completely out of the market and hold cash and cash equivalents, like Treasury bills, for years to come.
Bump
2. Repeat Step 1.
The best return on an investor’s money for the next ten years will be to pay off their debts.
If I had money to invest I’d be investing in auto repair businesses, towing companies, air conditioning repair companies or maybe plumbing companies.
Good ones...also, bicycle shops.
I've forecasted the return of the mom & pop corner grocery when gasoline prices skyrocket. I'll ride my bicycle (I live in a rural area) to the corner grocery. (In the daytime with my pocket pistol, lol)
The best market strategy is to pull out so long as the usurping marxist is in the Oval Office and marxists control Congress.
Lost Decade bump for later...........
When fuel prices surge it will almost as if distances increase. There are certain parts of town I wouldn't mind being more distant.
The adjustment will probably be very rough.
It won’t be a lost decade. It’s gonna be a lost half decade. That’s my most recent prognosis. Wait another two years then buy stocks like there’s no tomorrow. You will be rich beyond belief. This is my plan as of today.
Have you considered what will happen if our DC Masters decided to “monetize” the debt and our money becomes increasingly worthless?
What then, genius?
Starting one this winter..part time,, LLC.. While I work full time as a technician for the USPS..any women want to join me? PS,, I'm 53, single,,no kids,, employed.........
If that means sitting in high levels of cash for a prolonged period of time, I find that acceptable since capital preservation is our number one goal. <<
I was so stupid!..Ive been investing my small levels of cash over a prolonged period of time in Gold...
And the problem is???
Stay away from plumbing. they are heavily unionized...in big cities at least.
And, in this discussion, when I'm speaking of "investing" I mean not being one-of-man investors, but actually having a major stake in the company. Maybe even running it from day-to-day.
It's really GPS technology that has made tow companies interesting, as that basically eliminates the potential of drivers to make cash deals on the side.
Oh...and one other potential growth business is the storage space business. When people can’t afford to add that extra room to their home or buy a new, larger home, then the demand for storage must increase.
USA Scientists Want To Set Up Real-Time Air Monitoring System For Mobile And Baldwin Counties
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