Posted: 1/28/2009 2:53:41 PM EDT
| Put it in the Stock Market, the mattress or buy silver. |
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Tricky decision:
I would say silver but it is difficult to but silver for anywhere near the melt value at the moment due to lack of supply. I would then say guns and ammo because they appreciate in value, but thanks to Obama fever prices are artificially inflated at the moment. Stock market is a no-no for me unless you are sure we are close to the bottom and you can make money on the upside (I'm not ready to make that decision yet). Mattress - real inflation is out of control compared to the official numbers, put it inthe mattress and you are immediately losing money. So what does that leave (besides hookers and blow): 1) Debt: if you have any debt that is not at a crazy low interest rate that cannot be changed then pay down debt. 2) Food: If you don't have a good supply of food that you use regularly and rotate then it makes sense to use "spare" money to stock up on things you use whenever they are on sale, if you time the sales and buy everything when it is on sales at 30-50% off or buy one get one free then you are essentially doubling your grocery money. 3) Ah what am I talking about, just go for the hookers and blow |