Hey Finance Dudes

[VOR]

Where would I start looking to find investment strategies to counter something like oct 29 1929?

[SilverSurfer]

I would suggest the porn industry.

[VOR]

Don't laugh forbes is doing serious articles about it now one of the results of the new economy porn is about to become part of the GNP. :rolleyes:

[Patti]

Now that they have porn on cable pay per view, I bet they are making a lot of fucking money. (pun intended)

[VOR]

No really just wonder what the strategies are, park money in a more stable currency or what?

[SilverSurfer]

I was serious. I've got money in it.

[magnus]

the best strategy against major meltdown would be to stay in constant level medium...things that will be low risk to decrease in value.

[The Brain]

Originally posted by SilverSurfer
I was serious. I've got money in it.

What's the stock symbol for porn 'FUCK'??? Serious question

[SilverSurfer]

Well the money I have in it was paying the strippers. I think they're investing it wisely. :D:D

[BigMark]

i was someones finacneee once, but that's a long story. I'll tell you about it tomorrow.

[VOR]

Originally posted by BigMark
i was someones finacneee once, but that's a long story. I'll tell you about it tomorrow.


I'll probably be a much more interesting story if you tell it now.

[BigMark]

she lived in atlanta but wasn;t kakia abnd we were gonna get married and had hte wedding planned and everything but it turned out aht whe was cheeting on me and i kinda liked sometone ekse and all kinds of crazy stuf. to mkae a lng storry short ew calllked it foo about 7 months or so befoer the thime we wer suppode to get marrdie. ew;re stillf god freirngsd s tho.

[celyn]

Originally posted by BigMark
she lived in atlanta but wasn;t kakia abnd we were gonna get married and had hte wedding planned and everything but it turned out aht whe was cheeting on me and i kinda liked sometone ekse and all kinds of crazy stuf. to mkae a lng storry short ew calllked it foo about 7 months or so befoer the thime we wer suppode to get marrdie. ew;re stillf god freirngsd s tho.


dude, come here and let me give you sa bog. hey, I just noticed onh my keyboard theyall look like pirecrd or rocksmy keyboards turned to rock.......................................

[slydevl]

VOR move everything into an FDIC insured money market or CD. AT your age you should probably be considering that anyway. OF course the only way to truly counter something like 1929 would be to buy bullion because with a crash like that, FDIC would probably run out of money too.

[meatpile]

Alot of costs associated with a money market or CD, though, ie taxes and the negative return due to inflation.

In other mwords, if you buy a cd, you WILL lose money, due to inflation and taxes.

I'd go with a Vanguard Lifestyle conservative Growth Fund, and use the Money Market to keep 1 or 2 yeasr worth of money in.

[slydevl]

You might also want to consider a cash value life insurance policy. Their returns are either tax free or tax deferred.

[slydevl]

BTW the porn industry is the only industry that consistently makes money on the internet. They are so successful that many Fortune 500 companies have hired people out of that industry as consultants.

[meatpile]

That life Insurance company would likely go bankrupt in a 1929 situation.

[LarryD]

we could turn tbr into a porn site and invest here. we've got some smart minds and a marketeer or two, i'm sure.

[slydevl]

Looks like bullion is the way to go VOR. I recommend immediately having all your teeth pulled and replaced with gold ones. Then you can be your own ATM when the crash comes. Except instead of an ATM card, you just carry a pair of pliers in your wallet.

[meatpile]

I would imagine the drug and alcohol trade would FLOURISH in a situation like that.

You could invest in a marijuana factory. I'd guarantee you that shit's 1929 proof.

[sadic1]

Like the Fabulous Furry Freak Brothers say, "Drugs will get you through times of no money better than money will get you through times of no drugs."

I don't think you end up losing money on long term CDs or bonds. I don't know what rates are right now, but if you can make 5%, I think you'll beat inflation and taxes by a bit. The only safeguard against a major crash is money in your mattress, then go buy alot of real estate foreclosures as soon as it hits and you'll be rich as soon as it's over.

[meatpile]

sadic, nope, cds and money markets are under 2% right now, and if they were higher, inflation would be higher.

Mathematically, those always lose some money.