Thread: If the economy crashes....

What needs does a recession/depression create? How can these needs be met? What needs do people have no matter the economic climate? How can a business help change the economy? Does the business help people help themselves?

I think the businesses that can answer the needs will fair the best.

LOL
TheGreatBear, you stinker.
You know I bought Citigroup at higher.

Okay, Kurt, let me see if I understand your statement...
You think we're going to hell in a handbasket
yet you want to invest now?
Why not wait until we're truly in hell?

I plan to do my usual,
pick up good stocks while they're on sale,
then watch them drop even more
before they eventually go back up.

I'm looking at a small Cdn REIT right now
with no debt
cashflowing like the Amazon
paying a healthy distribution
(yet far below cashflow)
and trading at below book.
What's not to like?

Gold & Silver work. Easy to buy with ETFs.

Personally about 2 years ago I started buying silver bullion. Started at $10 and it is now over $16. The closer we get to "hell in a handbasket" the higher it will go.

If we actually get there, I may still be able to buy a couple loaves of bread.