To the USA, world crisis of liquidity, disorder with securities and falling of exchange quotations, a political situation in the world and possible, in the near future change of in the leadpolitical forces in the United Statesvery few people now leave hypothecary crisisindifferent and very few people is kept from forecastsconcerning the further development of a situation. And as always usual people most suffer. Let's discuss aswell as where it is better to enclose the savings, there can be among us, will be skilled people inthis question?
dannyson1
Feb 2 2009, 11:19 AM
FDCIC insured banks are still the most secure place.
multimastery
Mar 18 2009, 04:20 PM
Under a deep rock buried in the ground
Also I heard that investing money in Gold is a good move because it holds value. I'm not sure on this but I have been hearing about it.
dannyson1
Mar 18 2009, 05:50 PM
QUOTE (multimastery @ Mar 18 2009, 05:20 PM)
Under a deep rock buried in the ground
Also I heard that investing money in Gold is a good move because it holds value. I'm not sure on this but I have been hearing about it.
Gold prices are skyrocketing right now but they're not going to be forever, they'll eventually come down. Now is a good time to invest in gold but it might not hold value in the long term.
Globalprofits
Mar 18 2009, 10:13 PM
QUOTE (multimastery @ Mar 19 2009, 10:20 AM)
Under a deep rock buried in the ground
Also I heard that investing money in Gold is a good move because it holds value. I'm not sure on this but I have been hearing about it.
I found this article on gold very interesting. Article on Gold
GP
dannyson1
Apr 5 2009, 04:46 PM
QUOTE (Globalprofits @ Mar 18 2009, 10:13 PM)
I found this article on gold very interesting. Article on Gold
GP
That is very interesting, thanks for the new info Global Profits, I still say gold is a great place to invest.
williamjack38
Apr 8 2009, 12:37 AM
Investing in Gold is the best option, because it is the safest investment. Stocks are down and no possible for next years.
francessca
Apr 14 2009, 11:02 PM
Yes I agree investing it to gold is a good option. But for me, you may invest your money on trust funds, annuity contracts, and insurance pension products. Just make sure they must be non-speculative, and with a track record of regular income payments to investors.
oswaloman
Apr 18 2009, 01:22 AM
QUOTE (williamjack38 @ Apr 8 2009, 12:37 AM)
Investing in Gold is the best option, because it is the safest investment. Stocks are down and no possible for next years.
Hi william,
Now a day investing in gold is also not as safe as investing in some banks or buying insurance products. at least you will be assured that your money will be safely returned whenever we ask for withdrawals.
Regards Oswal
Piper30
Apr 20 2009, 03:24 AM
I’ve read a lot from this forum that gold is a good option for investment but I’m still wondering if there is a negative aspect about this investment. It’s my nature to check the negative and positive sides first before investing into something.
JsKnight
May 9 2009, 11:45 PM
and if I want to invest in gold where should I go?
Is it a good idea depositin on e-gold.com account?
jego
May 19 2009, 12:49 AM
All this talk reminds me of an economic situation i read about which happened in england a long long time ago. The pound was losing value and parliament didn't want to sell the English gold. Under advisement of this Milton guy some economic scholar of some sort (i think i got the name wrong...anyway). Parliament finally lifted the ban of buying gold and eventually gold came in huge sums into the country and stabilized the economy.
The last part is what i remember the most. I think Milton (or whoever it is I'm talking about) wrote the treatise on rent.
picklepower
May 20 2009, 06:37 AM
Let me just say one thing:
CD
Invest all of your money in CDs if you want safe interest and growth, and although the interest is very low in these bad economic times, it is insured. Split up your investments and you should be good to go.
nativefloridian
May 20 2009, 06:42 PM
QUOTE (picklepower @ May 20 2009, 07:37 AM)
Let me just say one thing:
CD
Invest all of your money in CDs if you want safe interest and growth, and although the interest is very low in these bad economic times, it is insured. Split up your investments and you should be good to go.
There are better options to use to save your money than CDs. There are alternative strategies that will allow you put money away on a tax deferred basis: self complete during disability: and has a better return than CDs and most bonds. You can also leverage yourself using a little money to control a lot of money and you do not have to be 59.5 to access your money.
davidbutton
May 21 2009, 07:19 AM
QUOTE (Alexreed @ Jan 29 2009, 07:05 PM)
To the USA, world crisis of liquidity, disorder with securities and falling of exchange quotations, a political situation in the world and possible, in the near future change of in the leadpolitical forces in the United Statesvery few people now leave hypothecary crisisindifferent and very few people is kept from forecastsconcerning the further development of a situation. And as always usual people most suffer. Let's discuss aswell as where it is better to enclose the savings, there can be among us, will be skilled people inthis question?
Hello, the best choice you can take into account is that of a fixed term account in a bank. Now we all know that banks are all directly involved with the crisis are therefore not an alternative solution. However there are other kinds of banks, the so-called offshore banks who are covered by the jurisdiction where they are and give the share of security that a customer needs in these times. The banks offer these benefits far outweigh the banks of the common, so I suggest you investigate a little about this type bank, as you yourself would be very beneficial. New Zealand can advise you to open your account, but surely you will find other alternatives. Good luck!
BNekket
May 26 2009, 10:06 PM
Investing in gold really has been a good investment for decades. However it's not wrong to invest in stocks. No matter how low the market goes, it will pick itself back up. The only real danger is bankruptcy.
Also, real estate still proves to be a good investment.
Mreese601
May 28 2009, 07:41 AM
Where too Put up money during a crisis? Hum, I have to say hum! Are we really in a crisis? I think that the media makes a big deal out of every little thing. They takes all the negative and BLOW it up. The truth of the matter is we lack a financial education. Learn how to read a balance sheet, Income report then you will know if that's a good company to invest in. But the best place to invest and alway will hold truth is real estate. You just have too know where to buy it. And now is like the best time too buy. Understand everything is about cycles, and you want to buy when it's low. Sell when it's high.
Well that's my opinion on that subject, but if you want to save money, that's where I can help you the most.
tracie00
Oct 21 2009, 05:51 AM
Yes investing in gold is a good option but one has to learn to use money wisely during crisis.I was a person who always worried about the unexpected circumstances but by following a program I have developed a new approach where I don't panic when money crunch hits.
Reilly22
Dec 2 2009, 02:05 PM
QUOTE (davidbutton @ May 21 2009, 08:19 AM)
Hello, the best choice you can take into account is that of a fixed term account in a bank. Now we all know that banks are all directly involved with the crisis are therefore not an alternative solution. However there are other kinds of banks, the so-called offshore banks who are covered by the jurisdiction where they are and give the share of security that a customer needs in these times. The banks offer these benefits far outweigh the banks of the common, so I suggest you investigate a little about this type bank, as you yourself would be very beneficial. New Zealand can advise you to open your account, but surely you will find other alternatives. Good luck!
There are a lot of people confident in gold at the moment. But it won't continue forever.
FreedomOffshore
Dec 3 2009, 10:44 AM
When gold was still about $668 per ounce I opened up offshore gold and silver accounts and some through my offshore company. I am very glad I did that since I could see the crisis coming many years ago after studying what a scam the monetary system is and reading the book: HONEST MONEY by Gary North and being subscribed to Doug Casey and those who were wise enough to figure out what was going on and advise what to do.
FREEDOM
CreditGirl
Jan 4 2010, 10:52 AM
Hello! I've heard that foreign currencies are a smart investment right now but personally I'm not too sure about that because if the U.S.'s economy isn't doing well, than other economies must not be doing as well either because our economies are all connected somehow right? How about invest in CD's? That should give you a decent amount of interest! Let me know what you guys think about that...
Investing in gold really has been a good investment for decades. However it's not wrong to invest in stocks. No matter how low the market goes, it will pick itself back up. The only real danger is bankruptcy.
Also, real estate still proves to be a good investment.
Good point! I know people who have invested in gold and they claim that it has been one of their best investments yet. Although the price may not have increased in the last year or two, for those who have held their gold investment for say 10 years have found that they have profited double if not more.
I want hard assets that retain value, but small enough to keep in my possession...just in case.
Let me know,
Thanks
JoAnn
MoneyRainmaker
Jan 10 2010, 12:55 PM
Since we don't know how long an economic crisis will last, it is important to know the best ways to save money so that in the event of a financial emergency we will have money at our expense.
minnow
Jun 16 2012, 12:11 PM
last month my advisor at WellsFargo said buy Jap Yen + maybe china too since they're trading together = CDs or anything in a bank suks
QUOTE (CreditGirl @ Jan 4 2010, 01:52 PM)
Hello! I've heard that foreign currencies are a smart investment right now but personally I'm not too sure about that because if the U.S.'s economy isn't doing well, than other economies must not be doing as well either because our economies are all connected somehow right? How about invest in CD's? That should give you a decent amount of interest! Let me know what you guys think about that...
To the USA, world crisis of liquidity, disorder with securities and falling of exchange quotations, a political situation in the world and possible, in the near future change of in the lead. Don't exactly know what you're saying but from your subject heading, it sounds like you're bringing up the subject of where to put your money in the current economic situation.
imoh4king
Sep 22 2012, 08:50 PM
You can also try a great site that i know. They have paid me twice and i hope it will continue to pay. check it out at royalconceptinc.webs.com
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