I keep telling my wife the stk market is going to crash. Well it has a couple times but always comes back higher than before
My wife has a stk she paid 76.00 then 80 then 102 until the last purchase was 146.00.[All numbers best I can remember I think she might have 50 shares. Small time investment
Mean while i bought gold and silver
This is purely speculative but if you suddenly got a surprise 50,000 would you invest in some good stks or??
NG looks like it might deserve some attention
I'm moving more and more to muni's. Openheimer has some good ones, but they are all over. I'm getting about 4.3% tax free. In this environment.. Pertty good.
investing in muni's would be a disaster. Notes and bonds are going to crash and burn badly and it will happen much sooner than you realize.
I would put it in a savings account till the stock market crashed and then invested in stocks at that point. Once the s&p gets below 1,800 you can start nibbling here and there. Think we can see 1,200 snp. Now if was me I would buy 1 oil futures contact. We will not see $25 oil and that is for sure. Not at this point.
Ohhh, but when we have another "Bank Holiday", we'll get 10 cents on the dollar from savings!!! Better put your cash in a mattress. :-)
Thanks Richard. Off to buy more munis ...