What makes the world go around

Aquanoc

So Everyone can I say that the U.S Economy is going down, realestate bombing, gas prices inflencing middle class economy, company outsourcing, CEO fallouts, bush in office for 8 years and with election coming up soon who are you voting for the clean up and what reason is yours. I must admit I have my nickles on a democratic victory, especialy as we leave the riual areas in this country, but on the subject thats at hand where is your money going beside all those MMO's your playing, Stock, Bonds, Funds, CD's, Business? Are you doing the work yourself or is a firm doing it for you? better yet has anyone tried the Currency market, I hear that is a sure win thing, with all this turmoil and promises of change that never come, we come to stand on our own feet to survive this jungle of society. So what is it you think makes the world go round.

olddaddy

Invest in the vices; drugs, prostitution, gambling, liquor, and you will do fine in a recession.....

edit: oops, forgot porn....

lotustime

Originally posted by olddaddy


Invest in the vices; drugs, prostitution, gambling, liquor, and you will do fine in a recession.....
edit: oops, forgot porn....

It makes sense~~~

Awakened

I'm not a big risk taker when it comes to investing, I like putting most of my spare change in 401k, not only for retirement, but you can loan against it without paperwork or credit damage with easy repayment options, and the interest you pay back goes back into your 401k, making it a win/win investment.  It also grows faster than than most secured saving accounts and IRAs due to employer fund matching (100% matching up to 5% of my paycheck for me and 50% matching till 7.5% of my paycheck) and good interest rates.

As for the economy as a whole, I think legalizing marijuana would boost our trade tremendously.  The agricultural industry in America needs a new crop to stay afloat during recessions and the government would certainly see a strengthening of the US dollar and high tax revenues from it.  Not to mention the money saved from less high dollar drug tracking operations and more secure spenders in the middle class due to less crime. I personally don’t smoke it myself due to asthma and I believe in abiding the law, but it would have many positive effects.

 

Aquanoc

Such legalization would open windows for individuals not wanted in the enconomy, i.e the vices that Mr. Olddaddy  so elequenttly stated, as for 401k that is a good start expecialy if your young to invest in, though their are even higher intreste returns in other avenues. even with the realastate in such a state of turmoil it would be best to jump in this arena with a 750 credit score a mop up those fallen realastate prices. and rent them out to the fearful masses till the market is back up, which it will it did in the 80's and sell it for twice as invested as many did in the 90's. all great wealth is brought by great risk, what level of worth are you.

Spys

loan money from banks in japan , if i'm correct its interest is at 0.5%. Loan it and invest inground (buy up a lot of ground) and wait. ground/soil (keep forgetting economical term in english)  is almost inflation proof and rises with the inflation.