Hello all,
It appears to have been a wild weekend, financially speaking.
from what I gather, there are some very significant things happening in the financial sectors this weekend.
"Experts" say we could never have another depression like the one in 1929. Of course, experts in 1929 said the same thing.
Between now and Christmas, I predict some very bad things to happen to the stock market. i hope I'm wrong, and maybe the elections in NOV will change things, but with the baby-boom generation trying to retire in the next few years, social security out of money, health care costs, oil prices, etc., ... well you know.
But never fret, I have came up with investment picks for the near future to help us all out through the doom!
Just as my energy plan to harness methane gas from cattle (It's actually in this week's issue of Discovery Magazine, and NO I am not kidding!) was obviously right on target, well here are my stock strategies for the coming depression.
Bryan's Stock Picks for Success in the Coming Economic Depression
1. Campbell's soup Company - These stocks will boom once the soup kitchens start up again. Invest now, invest early, make money and stay out of the lines. Campbell's has been around since the late 1800s and has seen its way through numerous depression and recessions. Besides, their tomato and chicken noodle soups are American Icons. Mmmm, mmmm good.
2. Smith and Wesson - Not only buy the stock but buy a few handguns too! You may need them to protect you and yours when the soup kitchens run out of Campbell's. There will be riots I tell you.
3. First Solar, Inc - Already trading in the $200 range, this company is prone to just explode if Obama takes office and does what he said in the DNC at Denver and convert the entire U.S. economy to a renewable energy leader. Besides, any stock with the word "solar" in it is cool and words like "first solar," well now we're talking HOT!
4. Lonmin Plc - It's a platinum mining company in South Africa and trades for around $2,000 a share. It can go up or down 3 or 4 hundred dollars in the matter of minutes, so I don't recommend this for the financial roller-coaster weary. Of course, if you can afford to by this stock, you may not be too worried about a depression. But no matter what happens to money, platinum will always be in demand. It is one of the most rare metals on Earth. And its shiny too.
5. Johnson & Johnson - yes, the makers of "No more Tears" and those small white sticks with small balls of cotton on the end which we all stick in our ears, even though they are smaller than our elbows. The very one and same. I pick this stock because as I look through my medicine cabinet I discovered nearly 50% of it was full of their products or companies they own. they were trading around $60 a share just a few months ago, and are now around $70 and still climbing despite the rest of the markets falling. Besides, once the soup kitchens run out of Campbell's and people start using all those Smith and Wesson's, I expect the demand for Johnson and Johnson gauze and band aids to go WAY UP!
That's my finical three cents.
Enjoy the news,
bryan
2 comments:
Well gee, aren't you just sunny and optomistic today! I'm thinking that burying my money in coffee cans under the cover of darkness in my yard is likely the safest investment I can make. At least I have 3 large and loud dogs to protect it, one of which just loves to snack on unsuspecting tresspassers!
Woof.
Nekole Alligood
I just saw this as the first step to a socialist republic. If you can't pay for your house, let everyone do it! Yeah, my taxes at work!
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