Re: Declining economy and investments? - Saab General Bulletin Board - Saabnet.com
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Re: Declining economy and investments?
Posted by BobS (more from BobS) on Fri, 9 Jul 2010 10:17:15
In Reply to: Re: Economy - double dip and investments?, Finch, Fri, 9 Jul 2010 09:41:22
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Not only a lot of government spending during the depression, but a slew of tariffs, taxes, and regulations were added, all of which slowed the flow of money. The depression was about cash flow being bound up and not circulating. Those who could afford to, scrimped by and held on to as much as they could. Some of the same things are happening now. The government has caused a lot of uncertainty in business and the markets so everyone is hunkering down.
My financial guy is pushing inflation adjusted funds, with the thought we are in for a bunch of inflation with all this wild spending and debit. Gold is ok, but should be acquired like a 401K, some every year over many years to average cost. It may or may not be worth something when you need it.
posted by 71.33.8...
Posts in this Thread:
- Economy - double dip and investments?, pete , Thu, 8 Jul 2010 16:38:39
- Re: Economy - double dip and investments?, john Myers, Fri, 9 Jul 2010 23:00:39
- The economy is always cyclic. But what we have now, Noel, Fri, 9 Jul 2010 11:55:41
- Re: Economy - double dip and investments?, lowbar, Fri, 9 Jul 2010 08:30:14
- Re: Economy - double dip and investments?, No Snaab, Fri, 9 Jul 2010 08:06:13
- Re: Economy - double dip and investments?, Robert, Thu, 8 Jul 2010 17:35:09
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