A bit of unsolicited advice, if you have the capital, buy. There are some great bargains out there. But prices could also drop further if the economy stalls prior and after the election. The key is preservation of wealth. If you're also thinking of a long term investment, say 10-20 years from now, do likr the Chinese do, Buy Gold & Silver.
Or Move to Australia, and set up a mining business. :)
Blake
zyklon-jay
quote:
Originally posted by Lagrangian
Maybe said graduates would be better off elsewhere:
A bit of unsolicited advice, if you have the capital, buy. There are some great bargains out there. But prices could also drop further if the economy stalls prior and after the election. The key is preservation of wealth. If you're also thinking of a long term investment, say 10-20 years from now, do likr the Chinese do, Buy Gold & Silver.
Or Move to Australia, and set up a mining business. :)
The teaching salaries in China have gone up quite a bit. I leave in September.:D
Nrg2Nfinit
quote:
Originally posted by Joss Weatherby
Bad times = individuals should spend less/save more, government should spend more
If you do this, you are encouraging deflation. If people don't spend their money (that they actually have) they end up throwing it into bonds causing the markets to collapse.
IF you have money, it's ideal to invest and spend in the bad times. Good for you and good for the economy.
quote:
Good times = individuals should spend (and save intelligently) and government should spend more (but cut back where it can).
Sure thats true, but you want to spend in moderation, IF you spend too much inflation occurs and interest rates go up as a result of it.
quote:
Things can always improve and government spending is the way to do it if your population isn't a bunch of wads like it is in the US.
The problem with this is that the value of your money depreciates. You're probably holding a load of gold hoping for some Qe3 LOL.
Silky Johnson
quote:
Originally posted by zyklon-jay
put a quarter in your ass cuz you played yourself youngblood.
Ahahahah.
Banora
quote:
Originally posted by zyklon-jay
The teaching salaries in China have gone up quite a bit. I leave in September.:D
I'm considering Korea.
Lagrangian
quote:
Originally posted by Nrg2Nfinit
The problem with this is that the value of your money depreciates. You're probably holding a load of gold hoping for some Qe3 LOL.
Shalom, Rabbi Bernanke will unleash the brakhot in due time :p
Even if there isn't a Qe3, Gold will be worth alot more 10-20 years from now
Re: everyone buying bonds. Too late, what is the rate on that German bond %1? Are you kidding? In this economy, you're a dunce to be fully invested in the market. (Without a long term view.)
If you have money, invest that money in yourself, get educated, open a business, hire, etc.
