 2008/2009 Investment Tips
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Joined: Jan 2005
Posts: 12,164 Likes: 1
Should be Riding
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OP
Should be Riding
Joined: Jan 2005
Posts: 12,164 Likes: 1 |
Investment tips for 2008/2009
With all the turmoil in the market today and the collapse of Lehman Bros and Acquisition of Merrill Lynch by Bank of America this might be some good advice. For all of you with any money left, be aware of the next expected mergers so that you can get in on the ground floor and make some BIG bucks.
Watch for these consolidations in later this year:
1.) Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W R. Grace Co. Will merge and become: Hale, Mary, Fuller, Grace.
2.) Polygram Records, Warner Bros., and Zesta Crackers join forces and become: Poly, Warner Cracker.
3.) 3M will merge with Goodyear and become: MMMGood.
4. Zippo Manufacturing, Audi Motors, Dofasco, and Dakota Mining will merge and become: ZipAudiDoDa .
5. FedEx is expected to join its competitor, UPS, and become: FedUP.
6. Fairchild Electronic s and Honeywel l Computers will become: Fairwell Honeychild.
7. Grey Poupon and Docker Pants are expected to become: PouponPants.
8. Knotts Berry Farm and the National Organization of Women will become: Knott NOW!
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 Re: 2008/2009 Investment Tips
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Joined: Jan 2005
Posts: 3,611 Likes: 1
Loquacious
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Loquacious
Joined: Jan 2005
Posts: 3,611 Likes: 1 |
For Your Info: If you had purchased $1,000.00 of Delta Air Lines stock one year ago you would have $49.00 left. With Enron, you would have had $16.50 left of the original $1,000.00. With WorldCom, you would have had less than $5.00 left.
But, if you had purchased $1,000.00 worth of beer one year ago, drank all of the beer, then turned in the cans for the aluminum recycling REFUND, you would have $214.00 cash.
Based on the above, the best current investment advice is to drink heavily and recycle.
Stewart
.......
"It's outside your field of expertise."
"Poppycock normally is."
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 Re: 2008/2009 Investment Tips
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Joined: Feb 2006
Posts: 3,017
Loquacious
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Loquacious
Joined: Feb 2006
Posts: 3,017 |
And can you believe all anyone does is tell me I drink too much...if they only knew how smart I actually am!
Mark
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 Re: 2008/2009 Investment Tips
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Joined: Jan 2005
Posts: 3,611 Likes: 1
Loquacious
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Loquacious
Joined: Jan 2005
Posts: 3,611 Likes: 1 |
Stewart
.......
"It's outside your field of expertise."
"Poppycock normally is."
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 Re: 2008/2009 Investment Tips
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Joined: Jul 2007
Posts: 6,060 Likes: 6
Worn Saddle
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Worn Saddle
Joined: Jul 2007
Posts: 6,060 Likes: 6 |
Fidelis et Fortis
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 Re: 2008/2009 Investment Tips
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Joined: Jan 2005
Posts: 1,018
Learned Hand
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Learned Hand
Joined: Jan 2005
Posts: 1,018 |
As Nancy reagan told us a long time ago...Just Say No....Its bad for ya.
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 Re: 2008/2009 Investment Tips
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Joined: Jul 2008
Posts: 214
Adjunct
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Adjunct
Joined: Jul 2008
Posts: 214 |
actually, i really am trying to figure out exactly 'when' to jump into the market, and on what. it can't go down forever.
there are 10 kinds of people in the world. those that understand binary, and those that don't.
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 Re: 2008/2009 Investment Tips
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Joined: Feb 2005
Posts: 20,096 Likes: 2
Fe Butt
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Fe Butt
Joined: Feb 2005
Posts: 20,096 Likes: 2 |
Quote:
actually, i really am trying to figure out exactly 'when' to jump into the market, and on what. it can't go down forever.
Man! I sure am glad you added that "into the market" part right after that "when to jump" part, there Tim! 
(I had visions of you doin' somethin' that was all the rage another October some 79 years ago for a second there, ol' buddy!) 
Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)
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 Re: 2008/2009 Investment Tips
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Joined: Jul 2008
Posts: 214
Adjunct
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Adjunct
Joined: Jul 2008
Posts: 214 |
yeah, lol. 'into', not 'because of'
there are 10 kinds of people in the world. those that understand binary, and those that don't.
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 Re: 2008/2009 Investment Tips
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Joined: Jan 2005
Posts: 8,639 Likes: 3
Old Hand
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Old Hand
Joined: Jan 2005
Posts: 8,639 Likes: 3 |
I guess back then, they were jumping out of the market at the first window of opportunity. 
Let's hope there's intelligent life somewhere in space 'cause it's buggar all down here. -- Monte Python
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 Re: 2008/2009 Investment Tips
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Joined: May 2007
Posts: 5,068 Likes: 1
Saddle Sore
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Saddle Sore
Joined: May 2007
Posts: 5,068 Likes: 1 |
Buy Gold , buy Gold , buy Gold . Bullion and coins . A tradeable commodity in a world where paper currency may be devalued to a point where it's virtually worthless .  Now don't get any wise ideas , even though I keep all my Gold in the cabinet directly over the dishwasher , there is a padlock on it . 
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 Re: 2008/2009 Investment Tips
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Joined: Jul 2006
Posts: 948
3/4 Throttle
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3/4 Throttle
Joined: Jul 2006
Posts: 948 |
That's what they said in '29. It's going to be a very rough year in '08 and '09 regardless of who wins the presidential race.
Redbike7
2006 America
No amount of skill can overcome gross stupidity. Ask me how I know...never mind, I forgot...
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 Re: 2008/2009 Investment Tips
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Joined: Mar 2007
Posts: 152
Adjunct
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Adjunct
Joined: Mar 2007
Posts: 152 |
A recent study found that the average American walks about 900 miles a year. Another study found that Americans drink, on average, 22 gallons of alcohol a year. That means that, on average, Americans get about 41 miles to the gallon! 
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 Re: 2008/2009 Investment Tips
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Joined: Jan 2005
Posts: 6,681 Likes: 1
Bar Shake
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Bar Shake
Joined: Jan 2005
Posts: 6,681 Likes: 1 |
Quote:
Now don't get any wise ideas , even though I keep all my Gold in the cabinet directly over the dishwasher , there is a padlock on it .
What was that home address again, Wade? 
"Catching a yellow jacket in your shirt at seventy miles per hour can double your vocabulary" Author unknown
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 Re: 2008/2009 Investment Tips
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Joined: Jul 2008
Posts: 214
Adjunct
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Adjunct
Joined: Jul 2008
Posts: 214 |
Quote:
Buy Gold , buy Gold , buy Gold . Bullion and coins . A tradeable commodity in a world where paper currency may be devalued to a point where it's virtually worthless . 
Now don't get any wise ideas , even though I keep all my Gold in the cabinet directly over the dishwasher , there is a padlock on it .
nah, shoulda bought gold in 2001. now its at 4 times the cost it was then.
there are 10 kinds of people in the world. those that understand binary, and those that don't.
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