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Thread: If you had money to invest . . .
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10-14-2008, 04:58 AM #1
If you had money to invest . . .
Where and why?
I would invest in home capital improvement retailers -- Home Depot, etc., because nobody will be able to sell their homes for awhile, so they will improve what they've got.
What do you think?
RalphS
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10-14-2008, 05:07 AM #2
Sounds good...I'd also look at pharmaceuticals (anti-depressants, mood enhancers, Viagra).
Gold, Diamonds (DeBeers just made a deal to get access to Russia's reserves).
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10-14-2008, 05:11 AM #3
Lowes over home depot. I worked for both. And if Jimmy Johnson wins Lowes stock usually goes up a point or two. And Tony Stewart sucks at driving.
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10-14-2008, 05:28 AM #4
If I had enough money that I could invest for the purpose of investing, I'd try to buy a prestigious old sheffield cutlery brand or partner up with one, and get a new straight production line going.
While I acknowledge we wouldn't beat gillette, straights are getting more popular these days for several reasons:
- ecology
- economy
- getting irritation from modern shaving methods
- nostalgia
- a short time-out from the modern 'rush' society
- ...
Dovo and TI can't keep up with orders and have months of backlog.
With the right money, marketing, enthusiasm and the love for straights, I believe it is an economically viable investment, as well as an interesting challenge.
Yes, I know my reasoning is biased, but I'd see it as a long term investment.
And doing something I love and believe in... there are worse ways to spend my time and money. Hearses don't come with u-hauls.Last edited by Bruno; 10-14-2008 at 05:42 AM.
Til shade is gone, til water is gone, Into the shadow with teeth bared, screaming defiance with the last breath.
To spit in Sightblinder’s eye on the Last Day
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10-14-2008, 06:01 AM #5
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10-14-2008, 06:15 AM #6
Gold for sure.
Sometime soon I'd probably be getting into GM...it'll get bailed out somehow and its stock will skyrocket.
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10-14-2008, 06:36 AM #7
If I had money to invest, it would go into Antique Gold coins (the kind the Guv'mint can't glom onto, during hard times, like they did during the Depresion.) Junk Silver coins (for trade purposes) and Antique Pocket Watches. As near mint as I could find. Hamiltons and Elgins. Hamilton 992s, 992Bs and 940s. Elgin Father Time.
I wouldn't touch stocks, bonds, or ANYTHING managed by someone who can make a big bonus by playing fast and loose with figures!
My purchases would all have INTRINSIC value.
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10-14-2008, 07:37 PM #8
rat's butts
I'd invest in RAT'S ASSES because no one gives a rat's ass any more. Therefore there is a shortage in them. Remember everything is supply and demand!
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10-15-2008, 02:52 AM #9
Trust me...he's not telling me what I want to hear. I work in the defense industry too and my company has been doing really well. But if Obama wins he has made it very plain that defense and Aerospace will take a hit.
But to be fair, with the problems we are facing in the economy a lot of funds are likely to be reallocated to other areas by whoever is elected.Last edited by BFMC AJ; 10-15-2008 at 03:01 AM.
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10-15-2008, 03:22 AM #10
Land... Specifically, the land underneath the wind turbines that are not yet built.