BlueDragon1981 Posted February 5, 2003 Share Posted February 5, 2003 Just wondering if we have any investors here who have good advice what to get into in this time of recession. Link to comment Share on other sites More sharing options...
omnifinite Posted February 5, 2003 Share Posted February 5, 2003 You could just consider it all a 50% off sale . I guess things people need no matter what are good bets when things are going badly... food, power, that kind of thing. 1st Dan HapkidoColored belts in Kempo and Jujitsu Link to comment Share on other sites More sharing options...
BlueDragon1981 Posted February 5, 2003 Author Share Posted February 5, 2003 I ment what type of stocks, bonds, mutual funds ect. Link to comment Share on other sites More sharing options...
shotochem Posted February 5, 2003 Share Posted February 5, 2003 I would rather stuff it in my matress The 401k took a pounding the IRA the same. The only semi safe thing is the good old long term US treasury bonds. The only way they would go is if the entire govt is overthrown. If you have the stomach and the money. stick to the defense contracters like boeing, lockheed martin and raytheon (they make the missiles). Health care stocks always seem to do well too.........(I wonder.... is that why I keep paying more for insurance ). Note: I am not a financial advisor these are just my opinions Pain is only temporary, the memory of that pain lasts a lifetime. Link to comment Share on other sites More sharing options...
Patrick Posted February 5, 2003 Share Posted February 5, 2003 I believe that you should buy stock in solid companies and hold on for the long hall. Patrick O'Keefe - KarateForums.com AdministratorHave a suggestion or a bit of feedback relating to KarateForums.com? Please contact me!KarateForums.com Articles - KarateForums.com Awards - Member of the Month - User Guidelines Link to comment Share on other sites More sharing options...
KickChick Posted February 5, 2003 Share Posted February 5, 2003 Well you can choose to hang on for the long "haul" with the tried and true or look toward the future ... moving ahead toward technology. There has been a positive effect on the stocks of some alternative-energy suppliers with President Bush's comments regarding alternative energy during his State of the Union speech. The fuel cell sector could be the investment opportunity of the decade they say. Any fuel cell technology stock such as Plug Power, Ballard Power Systems and Hydrogenics.... Ballard, Hydrogenics and Plug Power which builds proton exchange membranes, or PEM, fuel-cell systems. Ballard makes fuel cells for the auto industry, and Plug develops cells for stationary applications. Hydrogenics dominates the fuel-cell testing. It is a high risk investment but the potential is good. Link to comment Share on other sites More sharing options...
ZR440 Posted February 13, 2003 Share Posted February 13, 2003 Buy low, sell high. Yeah, right. I used to have a 401K. It's now a 201K. It's happy hour somewhere in the world. Link to comment Share on other sites More sharing options...
LeaF Posted February 13, 2003 Share Posted February 13, 2003 lol, best advice keep your money in the bank, or bonds Goju Ryu Karate-do and Okinawan Kobudo, 17 Years Old 1st kyu Brown Belt in in Goju Ryu Karate-do, & Shodan in Okinawan KobudoGiven enough time, any man may master the physical. With enough knowledge, any man may become wise. It is the true warrior who can master both....and surpass the result.I AM CANADIAN Link to comment Share on other sites More sharing options...
Blue Posted February 14, 2003 Share Posted February 14, 2003 Bonds or cash is the safest investment for now. There are a few sectors doing well, Gold, Oil but really not much else. The down side to oil and gold is that if you want to get in now, it's too late, the money has already been made and you'd be getting in at the top and not the bottom. Everything is getting pounded. If your in the market long term - 10 plus years, buy and hold. What goes down will eventually come up. If i had a ton of money, just to burn. I'd buy UAL, AMR and look at the other airlines carefully, otherwise any rally we see in the market is very speculative and all the data and other indicators suggest the economy is still very much in a slump. Link to comment Share on other sites More sharing options...
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