Posted by admin on 7 Jul 2008 9:08 am. Filed under Investing.
mocha frap asked:
My 401k is shrinking ever so much and I was wondering what what more profitable than a bond or CD right now? Or should I do some other form of investing?
7 Comments to “What are some smart financial investments as the economy is tanking?”
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scotdom2002 said:
On July 7th, 2008 at 9:48 pm
.Cal a broker and ask about hedge funds or if there is anything better
sdn90036 said:
On July 8th, 2008 at 9:19 am
Buy a mutual fund that invests in the health care sector.
Whatever happens, health care is going to do fine.
The pharmaceutical companies and the other health care companies literally own the politicians.
As the population grows older, everyone needs more health care.
Good luck.
exs214 said:
On July 8th, 2008 at 1:08 pm
if you dont like to invest, simply open an etrade account, put your money there and they pay out like 4% interest. and you arent penalized if you take your money out early like in a CD
Carlos G said:
On July 11th, 2008 at 8:14 am
The market is at a bottom, so this question should have been asked before to avoid losses.
Only with active trading you may sell to avoid losses, or even sell short to profit from plunges.
But this requires experience and knowledge. Most amateurs lose money with active trading.
As I said we are at a bottom. Bad time to get out.
Knox said:
On July 14th, 2008 at 4:31 am
In my opinion, purchasing Blue Chip Stocks at these reduced prices in my DRIP Plan.
I am fairly certain my stocks will rebound in the upcoming years. I have General Electric, US Bancorp and Walmart. So the fact that they are lower in price right now makes me more apt to purchase more shares.
richard t said:
On July 17th, 2008 at 12:28 am
you might want to look into housing stocks,the strong ones will prosper.tthe weak will be gone…………….Just have to figure the strong ones………..
Derrek M said:
On July 20th, 2008 at 6:21 am
I had the same problem as you have.
I had a good amount of money, but didn’t knew where to invest it.
So I looked around for something that gave me a great return towards a low risk.
And the only thing I could find was a mannaged account.
Here you can follow up my results of every day:
I’m verry excited because I already have 53% ROI in Two months time.
My moneymannager is giving me great support, and answer all of my questions almost immediatly.
Annyway feel free to contact me (adress on my blog) and I’ll bring you in direct contact with my money mannager.
On July 7th, 2008 at 9:48 pm
.Cal a broker and ask about hedge funds or if there is anything better
On July 8th, 2008 at 9:19 am
Buy a mutual fund that invests in the health care sector.
Whatever happens, health care is going to do fine.
The pharmaceutical companies and the other health care companies literally own the politicians.
As the population grows older, everyone needs more health care.
Good luck.
On July 8th, 2008 at 1:08 pm
if you dont like to invest, simply open an etrade account, put your money there and they pay out like 4% interest. and you arent penalized if you take your money out early like in a CD
On July 11th, 2008 at 8:14 am
The market is at a bottom, so this question should have been asked before to avoid losses.
Only with active trading you may sell to avoid losses, or even sell short to profit from plunges.
But this requires experience and knowledge. Most amateurs lose money with active trading.
As I said we are at a bottom. Bad time to get out.
On July 14th, 2008 at 4:31 am
In my opinion, purchasing Blue Chip Stocks at these reduced prices in my DRIP Plan.
I am fairly certain my stocks will rebound in the upcoming years. I have General Electric, US Bancorp and Walmart. So the fact that they are lower in price right now makes me more apt to purchase more shares.
On July 17th, 2008 at 12:28 am
you might want to look into housing stocks,the strong ones will prosper.tthe weak will be gone…………….Just have to figure the strong ones………..
On July 20th, 2008 at 6:21 am
I had the same problem as you have.
I had a good amount of money, but didn’t knew where to invest it.
So I looked around for something that gave me a great return towards a low risk.
And the only thing I could find was a mannaged account.
Here you can follow up my results of every day:
I’m verry excited because I already have 53% ROI in Two months time.
My moneymannager is giving me great support, and answer all of my questions almost immediatly.
Annyway feel free to contact me (adress on my blog) and I’ll bring you in direct contact with my money mannager.