How to invest in 2k9
Put some money in stocks, in like two weeks. Right now everything has been up for a few days, it’ll swoop back down before it really goes up so get in then. Big companies – I have money in GE, WFC and BAC. Go for them if you want, there’s lots of really low priced shit out there. Everyone has been scared shitless and sold the house, making the prices get lower – when the big money gets back in, this shit will go up 25%+ at least from where they’ve been, and probably a lot more.
If you get your money into these big companies that are basically tied to the economy, you are basically betting on the fact that within a few years, we’ll be out of a recession. Companies that are ‘too big to fail’ or close to it will not be allowed to fail by the government, so when the economy recovers they will be back to where they were and you’ll make money. I’d recommend putting it into a Roth IRA and save long-term for retirement, but do what you want.
Why this bet works is that since these companies are ‘too big to fail,’ if they actually did fail, the country is fucked plain and simple. If that’s the case, the dollar is worthless so who cares about any money you lost – it ain’t worth shit at that point anyway. Don’t be dumb, you’ll kick yourself in the ass everyday 5 – 10 years from now if this doesn’t happen.
