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Old 06-02-2011, 06:29 PM   #18 (permalink)
Lindy
Junkie
 
Quote:
Originally Posted by EventHorizon View Post
invest in land while the getting is cheap....
Could you be a little more specific about location, or should he just throw a dart at a map?
Quote:
Originally Posted by EventHorizon View Post
land is the one tradable commodity that they aren't making any more of.
First, land is not a commodity, and commodities, by definition, are things that are traded in large quantities. Wheat, for example, is a commodity. Other than that, there are many things to invest in that they aren't making any more of. Stradivarius violins, or Model T Fords, or autographed pictures of Elvis, as examples.

Quote:
Originally Posted by Hektore View Post
Chinese Yuan: CURRENCY:CNYUSD quotes & news - Google Finance

Invest in the Yuan. The dollar is going to hell in a hand-basket and China is looking as good as ever.

Seriously, I have no idea what I'm talking about, but it seems like it could work.
Buying Yuan is not investing. It is currency speculation. Better "bets" would be the Pound Sterling, or Japanese Yen, which is artificially depressed because of the tsunami.

Lindy
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