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Hey Finance Dudes

Discussion in 'Money & Finance Forum' started by VOR, Mar 7, 2002.

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  1. Mar 8, 2002 at 10:11 AM #21
    meatpile

    meatpile 7-9

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    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.
     
  2. Mar 8, 2002 at 10:35 AM #22
    sadic1

    sadic1 Guest

    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.
     
  3. Mar 8, 2002 at 10:48 AM #23
    meatpile

    meatpile 7-9

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    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.
     
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