Safe Place for money? | |
Anonymous Coward User ID: 490986 United States 01/30/2009 03:32 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 466070 United States 01/30/2009 03:35 PM Report Abusive Post Report Copyright Violation | Don't go all in. Diversify. Quoting: Anonymous Coward 490986Farmland. Metals. Stocks. There's one thing I would not do - let it sit in a bank. Stocks???? The whole ship is going fucking down... WRONG. I've made $300 betting against commercial real estate in 1 day. There are stock plays that are all-purpose doom and gloom. |
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Anonymous Coward User ID: 490986 United States 01/30/2009 03:37 PM Report Abusive Post Report Copyright Violation | Don't go all in. Diversify. Quoting: Anonymous Coward 466070Farmland. Metals. Stocks. There's one thing I would not do - let it sit in a bank. Stocks???? The whole ship is going fucking down... WRONG. I've made $300 betting against commercial real estate in 1 day. There are stock plays that are all-purpose doom and gloom. Sure thing. Thats why Obama's team want o get rid of short sellers completely, for good... |
Anonymous Coward User ID: 466070 United States 01/30/2009 03:39 PM Report Abusive Post Report Copyright Violation | Don't go all in. Diversify. Quoting: Anonymous Coward 490986Farmland. Metals. Stocks. There's one thing I would not do - let it sit in a bank. Stocks???? The whole ship is going fucking down... WRONG. I've made $300 betting against commercial real estate in 1 day. There are stock plays that are all-purpose doom and gloom. Sure thing. Thats why Obama's team want o get rid of short sellers completely, for good... Uh, no. Do you even know what that means? There are Ultra and Pro short ETFs. This is different from borrowing stock betting that it will go lower and then trading them. |
meras User ID: 604124 United Kingdom 01/30/2009 03:40 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 604307 United States 01/30/2009 03:50 PM Report Abusive Post Report Copyright Violation | Buy a used personal mini submarine or a catamaran. Take the other half and buy a rare one of a kind gun at auction that future zillionaires would want in the days to come. The sub or boat gets you out of the city when the roads close down and the gun can save your life and may turn a profit when things get normal. |
OneAngryMom User ID: 506709 United States 01/30/2009 03:52 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 583852 United States 01/30/2009 03:53 PM Report Abusive Post Report Copyright Violation | Quoting: meras 604124 Pay off any high interest debt.(credit cards,unsecured loans) Pay off any loans on assets that depreciate in value (car) Keep a few grand in cash (20's) in case you cannot access funds from the bank. Purchase some physical gold, silver. Do not store in a safe deposit box. Share some w/ Mom and/or Dad. Buy a generator. Stock pile some food stuffs with long term shelf life. Invest in personal and property protection. Pay cash to have any dental work you may need done now. Pay cash to your auto/autos' up to par in respect to maintainance. New tires, batteries etc. Stock pile some fuel and fuel preservative for your generator and auto. Install an alternate heat source in your home, fireplace wood stove etc. Stock pile some wood. Invest water filtration equipment/ water harvesting equipment. Send cash to me for providing helpful tips. LOL |
Anonymous Coward User ID: 351429 United States 01/30/2009 03:55 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 604325 United States 01/30/2009 04:02 PM Report Abusive Post Report Copyright Violation | [link to goldmoney.com] Here's one place. Offshore. Digital Gold and Silver. Easily transferable to others and convertible into coin through Kitco, etc. The oldest and most reliable business model... IATR |
all2human User ID: 553263 United States 01/30/2009 04:47 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 582696 Canada 01/30/2009 05:31 PM Report Abusive Post Report Copyright Violation | |
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Anonymous Coward User ID: 602367 United States 01/30/2009 05:38 PM Report Abusive Post Report Copyright Violation | I've been the plaintiff in a court case that's taken four years and now is settling. I will have about $400k coming in over the next few weeks. $200k, first time, then another payment of about the same within a month or two after the first. Quoting: Mark In NYCNormally I know where to park money for a decent safety factor and rate of return. Now, however all bets are off. Conventional wisdom doesn't mean jack any longer. I've got the housing and food storage taken care of. This is not planned on income. But it's certainly not something I want to piss off or just blow, either. Any ideas of what is the safest way to hold this money? Currency? Gold? Coins? Silver? Bars? And physically what is the safest way to make sure I can get to it and the government cannot in the case of their confiscating gold from private citizens again? Also, there is a Numanistic or "collector" coin exemption from the possibility of confiscation. Anyone know anything about how that works or is supposed to work? It's not enough money to put into Diamonds. I've been told that before you can buy investment grade diamonds you'd better be talking well into the low millions. So short of the really exotic stuff - any ideas of what to do with the money to keep it safe, available, and keep the governments hands off of it, too? Thanks for the ideas... I do know that the last place I want to put it is wherever my banker or broker recommend. Neither of them have been doing very well with their own money - much less with my money lately! why hold it? invest in a small business doing what you love to do or finance a friend/relative to run it for you |
Anonymous Coward User ID: 322321 Mexico 01/30/2009 05:40 PM Report Abusive Post Report Copyright Violation | [link to goldmoney.com] Quoting: Anonymous Coward 604325Here's one place. Offshore. Digital Gold and Silver. Easily transferable to others and convertible into coin through Kitco, etc. The oldest and most reliable business model... IATR OP, if you go gold/silver , invest in the cold, hard core metal !! No paper !! paper is a promise !! Kitco is a expert in excuses when you ask for the physical gold/silver !! Ponzi scheme !! Go for the real thing or don't go there !! good luck and good night !! read and decide wisely !! Thread: 2009 ....... DOOM AND GLOOM !!! |
Anonymous Coward User ID: 602367 United States 01/30/2009 05:40 PM Report Abusive Post Report Copyright Violation | |
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Bad Mother Fucker User ID: 582525 United States 01/30/2009 06:15 PM Report Abusive Post Report Copyright Violation | |
Dispositioner User ID: 604654 United States 01/31/2009 03:06 AM Report Abusive Post Report Copyright Violation | I've been the plaintiff in a court case that's taken four years and now is settling. I will have about $400k coming in over the next few weeks. $200k, first time, then another payment of about the same within a month or two after the first. Quoting: Mark In NYCNormally I know where to park money for a decent safety factor and rate of return. Now, however all bets are off. Conventional wisdom doesn't mean jack any longer. I've got the housing and food storage taken care of. This is not planned on income. But it's certainly not something I want to piss off or just blow, either. Any ideas of what is the safest way to hold this money? Currency? Gold? Coins? Silver? Bars? And physically what is the safest way to make sure I can get to it and the government cannot in the case of their confiscating gold from private citizens again? Also, there is a Numanistic or "collector" coin exemption from the possibility of confiscation. Anyone know anything about how that works or is supposed to work? It's not enough money to put into Diamonds. I've been told that before you can buy investment grade diamonds you'd better be talking well into the low millions. So short of the really exotic stuff - any ideas of what to do with the money to keep it safe, available, and keep the governments hands off of it, too? Thanks for the ideas... I do know that the last place I want to put it is wherever my banker or broker recommend. Neither of them have been doing very well with their own money - much less with my money lately! How about you store the money up your ass? You already stick dicks up there, right? You are judged by the strength of your enemies. "When the going gets weird, the weird turn pro" - Hunter S. Thompson |