Thread: Investing 102
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Old 08-21-2012, 06:58 PM
realcoray realcoray is offline
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Quote:
Originally Posted by Bucketlist2012 View Post
Sin stocks are the way to go...

People will be smoking and drinking..More so in a down economy...

Armageddon ? Not too worried about it...Life is too short , and I will stay invested and enjoy everyday...

No hiding in a Silo for me...
Yeah, assuming you think the economy will contract at all again, I'd suggest looking at areas that benefit from that. In 2008ish I was looking at Ross, assuming that with everyone pinching pennies, people that might otherwise shop somewhere more upscale would go there. I was so paranoid about more drops that I ended up pulling what I had out..

The chart tells the tale: 11$ in November 2008, 70$ today.
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