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Message: Where to put $.

Where to put $.

posted on Oct 06, 2008 02:54PM

Who knows!? There is an old saying that during tomes of crisis, wealth returns to it's proper place. That being the wealthy! I wouldn't do the all eggs inone basket thing. I think oil will average over 100 over the next few yrs. Gold? It should do well, but if the bailout calms waters in a few months, it may suffer too. Remember that people sell anything that has value in crisis, which can mean gold. Maybe that is what the wealthy are buying... hmmm.

I would look for buisnesses with no debt, $ on the balance sheet,a nd paing a dividend. Look at BKE-NY. I also like DSX, tho it will suffer with a global recession.

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