I haven't heard much mention on the forum about the current global market crisis. This is a huge deal. Anyone have any thoughts or feelings?

 

i think it will get worse before it gets better

 

Yeah, hard to argue with. Who do you think will be hit hardest by the crisis? I think that many who thought they were ready to retire won't be able to do it soon or even ever. And those retirees with income derived from investments are in for some big changes. Anyone think that the crisis may cause you to lose your job?

 

I think the bailout to save wall street was complete bs. As you can tell hasnt done anything for the common people. The ceo's and big cheeses walk away with their millions while everyone else gets evicted and foreclose their houses. IMO i think the 700 billion should of went to the people.

 

I think i am going to move to the moon and wait it out

 

im just gonna keep investing in my vehicles.LOL at least that way im happy!

 

It may be one of the safest and most gratifying investments at this point.

 

it always has been for me! hell i only work for afew reasons.... 1st to modify my cars. 2nd to pay for cable/internet bill and my xbox games and such.LOL
sure i could save my money and rock my cars stock but its just not as gratifying that way to me.

 

Wait on the moon, sounds good to me. And yea modifying cars is gratifying.

 

Stocks may be very risky but there is tons of money to be made in them right now. Take Apple for example, shot down from close to $200 to under $100. Many other big name companies are being killed right now. They may go down 20% some days but if you make the right moves they move up 20% some days too. So smart investments right now can make tons of cash for anyone that's willing to risk it.