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The Dow.
- Thread starter DrWurm
- Start date
neal yeah i would say its going to go back up aswell......when is the real question.....for the youngins that have time to ride it out its not actually that big of a deal.....for those looking to retire in say the next 2-5 years it is.............
if i had a few extra grand i would be doing alot of research right now and seeing what i could pick up cheap that is likely to bounce back strong.....
if i had a few extra grand i would be doing alot of research right now and seeing what i could pick up cheap that is likely to bounce back strong.....
The bottom is not in sight, as the commercial paper market is still in a deep freeze. Unfortunately, things can get a lot worse, and it looks like they will. More banks will fail. More businesses will fail. Unemployment will increase. Homelessness will rise, and so will crime. We just don't know by how much. And we don't know how long the crisis will last. It could be years. Everyone should re-evaluate their situation in light of possible new future scenarios that we face that were not even in our consciousness a few weeks ago. By making adjustments, each of us can minimize the effects of this crisis on our lives. I hope all of us emerge from it relatively unscathed.
yep.....going to do what i can.....gonna quite paying extra on the house and student loans my wife has and just make the regular payment and invest in more fruit trees and bushes on my parents land which they own 100%.........push comes to shove i cant eat stocks.....can eat apples, peaches and berries......may buy a few head of cattle and run them with my uncles.....also going to invest heavily in steel, copper, lead and brass........
Botanicadenta
Nooblet
Excellent idea, if all goes well, in my opinion, we should see a resurgence of manufacturing in the world before long. Also consider anything relating to energy and communication, the good ol' standbys.
We just cleared out all saving in stocks. The values were dropping like rocks so we froze it pretty quick. I'm still concerned since one job I have is state based, the other depends on rich people with relatively expendable incomes. I wonder which will bomb first?
I live near a lot of ranches, however. If need be I live in a community that can operate fairly self-sufficiently and I'm sure if we really, REALLY tanked, everyone's gonna be planting seed by hand in a couple years.
Although, if High School interviews with octegenarians has any bearing, it's really on the urban fat cats(and chubby kitties, for gradient's sake) who have a problem. Podunk America doesn't really have to worry much
lol you misunderstood me..........
the credit crunch is only really affecting the massive players such as Boeing and such which require credit to make payroll before the planes they build are shipped out and the buyer cuts the final check........small businesses like me, unless they were having issues 2 years ago aint really feeling much of a crunch on credit.....we are still buying our paper, ink, plates, negatives ect on credit and having no issues.....i know one store locally that closed down cause they were having issues on this sort of thing, but they were having issues a couple years ago and had actually closed up shop before this hit......the local grocery store isnt having any issues and they deal heavily on credit, prolly more so than any other local business.......
the credit crunch is only really affecting the massive players such as Boeing and such which require credit to make payroll before the planes they build are shipped out and the buyer cuts the final check........small businesses like me, unless they were having issues 2 years ago aint really feeling much of a crunch on credit.....we are still buying our paper, ink, plates, negatives ect on credit and having no issues.....i know one store locally that closed down cause they were having issues on this sort of thing, but they were having issues a couple years ago and had actually closed up shop before this hit......the local grocery store isnt having any issues and they deal heavily on credit, prolly more so than any other local business.......
