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originally posted by: MOMof3
a reply to: Nexttimemaybe
Then why are so many foreigners, especially the Chinese, buying American property?
originally posted by: solve
a reply to: Vroomfondel
But if things get real good, and we are living in a post apocalyptic world, what do you do with stocks, unless they are livestock
originally posted by: MOMof3
a reply to: havok
What governs the universe so it doesn't wipe itself out? Laws.
What governs us so we don't wipe each other out? Laws.
Lawmakers matter. Being self sufficient is a romantic idea but a stupid one and will not protect your families. We came out of the forests and grew wheat because we were hungry.
Even people who live in the Alaskan Bush have to find civilization to get what they need to stay alive. Like a dentist.
originally posted by: MOMof3
a reply to: Vroomfondel
Lost faith in the new President fixing and making everything wonderful?
originally posted by: Vroomfondel
Enough of the political baiting and thread drift!
This is a discussion of finance. If you cant take your demagoggles off long enough to have a serious discussion please leave.
originally posted by: Vroomfondel
originally posted by: MOMof3
a reply to: Nexttimemaybe
Then why are so many foreigners, especially the Chinese, buying American property?
Property is a little different. Most Americans cant afford to own property right now. You probably heard the American dream is slipping away...
There are two kinds of people who will suffer the least from the downturn itself. One is the person who owns things outright. The other is the person who owns absolutely nothing. The people who will suffer the most are the ones who have half a house paid for, half a car paid for, etc.
But I will say this: it would be wise to acquire the stocks you feel are the appropriate ones to own in a correction.
originally posted by: MOMof3
a reply to: intrptr
I paid my house off in prep for another crash. With a greenhouse. And lots of room for family if need be. I have invested a lot in security for defense against addicts and thieves.
originally posted by: MOMof3
That's easy to predict. Republicans are in charge,so many job losses, a recession for the poor and working class(that's funny), and unpaid for wars.