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Re: Enimus post# 29044

Monday, 10/29/2007 5:28:13 PM

Monday, October 29, 2007 5:28:13 PM

Post# of 76909
Your best investment during bad times is often to try to keep yourself EMPLOYED - a JOB is a MAJOR asset during recessions or depressions. Another is to examine what you spend money on NOW and cut back and save that money for the bad times. You can put it into maybe gold coins (new ones - with no numismatic value like Gold Kugarants). Gold is the major hedge agaisnt INFLATION if that happens. Government jobs often are good to have during recessions. Pay off credit NOW.... not later. Utilities are said to be stable investments during bad times. I think for Deflation (Depression) that a JOB is the number one asset or if you are independently wealthy with a hord of gold coins then you will probably be ok.




That is Jeanette Lee "The Black Widow" world pool champion but married (sorry about that!).

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