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Market collapse, recession, depression, stock market crash, economic ruin, lagging global economy, market crisis. These are the terms I read as I skim the morning paper. Apparently it's a disaster in the making. This leaves me wondering what we'll all be doing after we lose our jobs and go bankrupt. Help me compile a list of options. ( Edited by karj )
http://www.economist.com/finance/displayStory.c...
depression, market collapse, recession, stock market crash, economic ruin, lagging global economy, market crisis, financial crisis, major downturn, global recession
Hey, it could be fun. I'm starting with a list on all the great colleges I won't be able to send my kid to, followed by a list of things to do with the last $100 in the bank, followed by a list of the ways I'm going to get loaded tonight. Aren't lists fun? http://www.makefive.com
Alcohol still isn't cheap, but I can improvise. I'm sure there's some cooking wine floating around the house, after which I can just try to shoplift some rice wine from one of the local convenience stores. If all else fails I'll see about starting a still in our second bathroom. Mmmm... fermented potatoes and yams... Now that's tasty!
If you have love in your life in some capacity then the wealth can go away and you can still be happy. http://www.lyricsmania.com/lyrics/aaron_tippin_lyrics_4702/stars_and_stripes_lyrics_15425/ill_take_love_over_money_lyrics_...
That's right folks--the nicest part of owning no stocks and no real estate is that when the market tanks, you're just as broke as you used to be. Whew! That was a close one. Wait a second...
Hey, I'm probably not everyone's cup-of-tea, but you never know. Maybe I can just take a few blocks east of our offices and see if I can put my pasty white ass on the market. You're tempted aren't you? C'mon--you can admit it!
This is basically what we're all working so hard for anyway, so why not just cut your losses and work on a nice tan instead?
We're hardly through the first season. Given that we'll have so much spare time I guess we'll time to find-out how it all came together. http://scifi.com/battlestar/
Tell us what you think....
Well you Hoped for Change and the Change you Hoped for is worse than what you had before. Now how is all this Hope and Change working for you?
REALLY!
neeeooow!
Fix it!
I luuuuuuuv what Kenan did on SNL: .. "FIX IT!" http://www.nbc.com/Saturday_Night_Live/video/clips/update-thursday-part-2/742141/
Beyond silly. Need change. 3 weeks. Then lets hope they do what they promise for once.
yeah they'll go up again sooner or later. I bought some Apple, ebay, Trina (solar energy) & some european banks this week. Unfortunately markets keep nosediving. Though things are getting silly...
True but there are few companies you can truly bank on long term. Many top investors lost millions and millions with Lehman Brothers and Merrill Lynch, etc. This is an awful time for most people who invest without serious knowledge or are retiring with 50% less of their $ and will/are being forced to work into their 70s now (unless Obama actually changes some things once he is President).
It's cool that you have an understanding of how these things work. To be honest, all of it goes over my head. I understand being an entrepreneur, but the stocks page seems like a set of indiscernible codes to me. That being said, that whole "buy low, sell high" notion seems to be ripe for anyone wanting to get into the markets. My guess is that while many are losing a lot right now, others are going to make a fortune if they don't get swept up in all of the panic.
http://finance.google.com/finance?tkr=1&q=NYSE:BRK.A amazing.
the most amazing stock to me has always been Berkshire Hathaway. It goes up and down $10,000+/- weekly. Incredible. I think Google is always a bargain but its so damn pricey for 1 share. Apple/Sony always good. Other stocks give amazing dividends like PVX (can pay $400+/month) in yield money. Depends on situation. Gotta diversify. A good CD @ 4% is always safe.
I think I'd be holding off and waiting for things to hit bottom. Then I'd start looking at real estate. (But I've never been good with investments, so don't trust me!)
what stocks would you buy in this market?
i wish i had some cash so i could buy stocks when they are so low. it seems like now is the best time to buy them, right as the stocks are at their lowest. They'll bounce back, for sure.
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