Daniel, I would put all my money on the homebuilders and lenders going down, but I am not skilled enough to navigate the stock market’s up and downs in the interim. Long term trend is down, but one good rally, and I lose it all…. Timing is everything, and something like 75% or 90% of options expire worthless. My two stocks are Berkshire Hathaway and Conoco Phillips. I will add more stock positions in energy per Zeal’s recommendations- I think oil is more valuable than gold.
How can you buy swiss francs? I e-mailed my family in Switzerland about this, and have not heard back yet. I am sure they are checking in to this, and I will post back what I find out.
nancy_s_soothsayer – yes, I have these same questions. The economists that I so much admire, give these brilliant insightful predictions, and then stop. That’s like having sex without an orgasm. Why can’t they just finish the job…I mean, tell us what to do with our money, for crying out loud. Even Nouriel Roubini, who charges $3,000 annually for his commentary and news reports, does not give investment advice. If you are interested in energy and metals, subscribe to Zeal Intelligence. They have done very well in that sector.
Perry Chase, I will start a separate link about vastu houses.