So with the previous stock market crash and the new prediction that we’ll have another one, where should a sane person invest their money? Serious answers only; gold is probably not a sane investment. Even if it was I want to hear other options.
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5 Responses to “Alternatives to the Stock Market?”
- Rosa says (February 25th, 2011 at 16:44:39 )
Breast Milk….. http://www.youtube.com/watch?v=V_n1zoU8G_M
At 22.50$ a pop seems like a pretty good investment to me..
- Nob Hill Ken says (February 25th, 2011 at 20:14:49 )
That is just nasty! Funny though, and I plan on checking out that ice cream store this spring when I’m in London (though I will *not* be sampling the human-based products).
As to the stock market, I’m not buying that a full-on ‘crash’ is *inevitable* by year-end, but it’s certainly possible. I do, however, think a market correction is a real possibility, to say the least.
Coincidentally (and for mostly unrelated reasons), I got out of the market last week.
That said, there are certainly individual stocks that you can invest in, even during a bearish spell—just do your research and tread carefully. Downturns are most certainly not without their opportunities. YMMV, of course, and there’s always risk.
One final thing, if you *do* see the market destabilizing to any significant degree, I’d (strongly) consider moving any 401K funds into cash; and no, this is *not* the same as cashing out/taking a distribution—you just park your money as USD and experience neither gains nor losses until you shift back into bonds/securities/whatever-the-hell. IMO, it’s a critical step, as retirement funds *are* typically quite diversified and tied to overall market trends. Trying to ‘time’ the market is not a good day-to-day strategy, but it can be very useful when there’s a major downturn on the horizon.
Standard disclaimer: I’m not a financier or a stock broker and these are just my personal opinions. Good Luck, Doug!
- Nob Hill Ken says (March 4th, 2011 at 22:18:43 )
- douglas says (March 5th, 2011 at 13:25:01 )
That’s so sad. Lady Gaga (who has worn meat claims that the ice cream company is trying “to take advantage of her reputation and good will”. C’mon, goodwill? There’s no real good will towards Lady Gaga. Just a line of celebrity watchers waiting for the train wreck for everyone’s entertainment.
- Nob Hill Ken says (March 10th, 2011 at 02:48:39 )
I doubt she’ll veer into train-wreck territory. She actually seems pretty savvy in her professional dealings, not to mention educated (at my alma mater, even) as opposed to vacant and semi-literate like so many of the celebretard girls in the ‘news’ these days.
That said, I saw a group on Facebook called “Give us back Kurt Cobain and we will send you Lady Gaga” and immediately clicked “like”. Mostly because I love Kurt Cobain, though. I really have no feelings either way about Ms. Gaga.
I have to say, though, if someone named human boob-milk ice cream after me, I’d probably sue, too…just because of the extreme grossness factor.