Armageddon or Economic Opportunity!

by metatron 2 Replies latest jw friends

• 

  metatron

  Within a month - and the next two weeks in particular - we may know if the efforts by governments to fend off economic collapse will likely work. Right now, there is fear about the unwinding of Lehman derivatives and how it will play out - that may end before Oct. 23.

  If it's an Economic Armageddon, then buy a bike, stock up on whatever pharmaceuticals you require and stock up on canned goods.

  But if it's not, you might want to invest in the rally that may explode if trouble passes.

  Good grief, some stocks are stunningly cheap. Australian securities have taken a beating they don't deserve.

  This could be the opportunity of a lifetime ( and that's not just a cliche)

  metatron
• 

  ldrnomo

  This is absolutley a buying opportunity in the stock market and in the housing market

  For example

  30 days ago General Electric stock was $40.00 per share, today it is $19.00 per share.

  This is General Electric folks. I don't expect them to go out of business anytime soon. And to top it off they are currently payin a 6.5% dividend on investments. Where else can you put your money and earn 6.5%?

  Warren Buffet bought GE when it dropped to $25.00 a share it's probably safe to say that within 2 years the stock will be back up to or higher then $40.00 / share. Remember we're going to need electric generation (that's GE) more efficient airplane engines (that's GE) Refridgerators, dishwashers, etc. etc. (That's all GE) The only thing that might stop GE is armageddon unless God need's them for new light (that's GE)

  LD
• 

  jaguarbass

  I bought GE last week. I should have waited till this week.