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Give me ideas of how to use my $50 >_<
Bisjac:
every country has its own market. (the countries that matter anyways)
and every country has recessions every 12-14 years. its basically natural now.
its also the PERFECT time to be investing in stocks. while the cycle is at its expected low.
zz_tophat:
--- Quote from: Bisjac on August 29, 2009, 01:42:56 AM ---every country has its own market. (the countries that matter anyways)
and every country has recessions every 12-14 years. its basically natural now.
its also the PERFECT time to be investing in stocks. while the cycle is at its expected low.
--- End quote ---
INORITE, I was saying that exact line for two years before the bottom fell out of the mortgage market but no one listened, they were too busy making money.
But no, I don't like stocks, the closest thing to "gambling" I'll be doing In the next few years is converting some of my money in to bonds backed by euros.
Bisjac:
i hate home owning. i think its a horrible investment. if anything it should be one of a few things your put your money in. simply because your the type that wants to live in a house so you might as well.
home owning is the highest risk investment ive ever seen.
and in the end of a 30 year mortgage or a lifetime and rdy for retirement. its payouts is terrible.
FlyGuy45:
Recessions are best represented as sin curve, at least capitalism is.
Bisjac:
some of you know i make a few bucks. well i have nearly zero dollars cash to my name at most times lol.
its an addiction, investing in so much, whenever new income rolls in.
i feel cheated letting money sit and waste in a bank account. where its not doing anything.