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Thu 19 Feb, 2009 08:51 pm
Hi all,
Cashed out of the stock market a little late but at least not as bad as it could have been. 2 Weeks ago at 8300's I sold all and went into treasury bonds. Now all that I hear is that the dollar is over inflated on the global market. So brings my question, what country has an over deflated currency or a very stable one.
@islandgirl,
You know it's not money until you sell it. Maybe you should go back into the market and try the strategy of buying low and selling high. I still think the dollar is a good investment and I can't think of any other currency I would gamble on at the moment unless I was very savvy about world finance.
@islandgirl,
Guns hold their value VERY well. And there is a decent chance that Obama and Congress will re-institute the assault weapons ban which will cause the value of existing weapons to rise.
If I were you, I'd invest your money into heavy weaponry such as a Colt AR15.
@maporsche,
Except if the trade were banned, with no grandfathering, you might have an investment in scrap metal.
@roger,
Yeah, I suppose that's true. God, I don't even want to think about it. I'd hate to take some drastic action.
Thank goodness I got out when I did. Well guys, do you think it's time to buy back in or become an ex-pat?
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