Quote:
Originally posted by Tom Earp
Invest hell!
Better off putting it in a can and burying in the yard! Just remeber where it is!
There is no good place to invest money in the open market at the moment! Market, or mutual funds, they are in teh same boat as everyone else!!!
Ah, one thought tho, if you find an armament company as if GW B has his way, we will be in a full blown damn war!
For what you are talking about, it is not really worth thinking about investment at this time! Keep that money back for a rainy day!
Investing is like going to Las Vegas, it is a big gamble!
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its not a gamble if youre smart about it. putting a ton of money in a dot com was a gamble, but putting money in a company like phillip morris or general motors, companies that have been around a long time and that arent going anywhere will, in the long term make you money through stock prices as well as dividends. and right now is the perfect time to invest!!!! stocks are low, and if you invest in the right companies now, youll be happy you did once the market recovers b/c once it does and prices are higher, you just lost money by waiting too long. also, investing in a defense company is never a bad choice, since our national defense is always a priority, its not a bad move, and since we might be going to war, which i think we need to do, earnings for defense suppliers will be on the rise (more than likely). the best stocks to invest in during a recession are tobacco (phillip morris), alcohol (budweiser) and food processing companies, like conagra or general mills.
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